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Thomson Financial Mergers & Acquisitions
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BURKINA FASO - Goldcrest Resources Ltd (GR) of Canada acquired a 51% interest in the Gaoua copper gold project, of Phelps Dodge Exploration Corp {PDEC} of the US, a real estate development firm, a wholly owned unit of Phelps Dodge Corp. Concurrently, GR was granted an option to raise its interest to 70% from 51, by acquiring a 19% stake in the Gaoua copper gold project of PDEC.
Acquirer: Goldcrest Resources Ltd Acquirer Business Discription: Gold,mineral mining coAcquirer Ultimate Parent: Volta Resources IncAcquirer SIC Code: 1041 - Gold oresTarget Name: PDEC-Gaoua Copper-GoldTarget Business Description: Copper,gold miningTarget Ultimate Parent: Freeport-McMoRan Copper & GoldTarget SIC Code: 1021 - Copper oresPlease Note: Target Financials are not included in this report.
Transaction Statistics are not included in this report.
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Thomson Financial Mergers & AcquisitionsThomson Financial's (TF) Worldwide Mergers and Acquisitions database covers public and private transactions involving at least a 5% ownership of a company. Transactions include m&a, stock swaps, LBO's, spinoffs, rumored and seeking buyer deals, and more. U.S. deals date as far back as 1979, and international deals to 1985.