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Rajesh Exports buys Valcambi for $400 million in cash

Rajesh Exports buys Valcambi for $400 million in cash
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Rajesh Exports Ltd said it bought Valcambi, the world's largest gold refining company, in an all-cash deal worth $400 million.

In This Pic : Valcambi, Rajesh Exports Ltd

Pic Courtesy : BCCL - Non Copyright

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The company was selected after a global search
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The company was selected after a global search by Valcambi's existing owners led by Newmont Mining Corp , the world's largest gold jewellery maker said.

Pic Courtesy : BCCL - Non Copyright

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The deal will help it secure raw material
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The deal will help it secure raw material supplies and will add to earnings per share, the company said.

In This Pic : Valcambi, Rajesh Exports Ltd

Pic Courtesy : BCCL - Non Copyright

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Rajesh Exports said in a statement
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Rajesh Exports said in a statement it sealed the purchase after a global sales process conducted by Valcambi's existing owners led by Newmont Mining Corp.

In This Pic : Valcambi, Rajesh Exports

Pic Courtesy : BCCL - Non Copyright

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Mesaric said in the statement that Valcambi
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Mesaric said in the statement that Valcambi would look to use Rajesh's technical expertise to produce innovative gold products in the European markets.

In This Pic : Valcambi, Rajesh Exports Ltd

Pic Courtesy : BCCL - Non Copyright

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