KazakhGold’s London Shares Jump on $509 Million Acquisition

Bloomberg reported that shares of KazakhGold (LON:KZG) rose on the announcement that the Assaubayev family will acquire the company’s assets.

The market news is quoted as saying:

The stock gained 6.4 percent to $2.5 by 12 p.m. in London, erasing a 6 percent loss on April 8.

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