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29 Sep
10:33

ACG terminates $1 billion mining deal with Appian

London-listed special purpose acquisition company ACG has terminated a $1 billion deal to acquire two Brazilian mines from UK-based private equity firm Appian Capital Advisory following delays in agreeing to revisions to the deal. “ACG announces today that, despite its best efforts, revisions to the acquisition agreement have not been agreed and the acquisition agreement has been terminated,” ACG said in a statement on Thursday, without elaborating fur…
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