💰 Gold’s Rally to Record Makes M&As Expensive

Gold prices hit a record high in 2020, topping $2,000/ounce for the first time
in history.

COVID-19 and tensions between the U.S. and China have caused investors to move
cash into precious metals — a safe haven in times of uncertainty.

And this will be felt in the industry’s M&A world, too.

With transactions based on spot prices and company shares trading at massive
premiums, it’s difficult to make a return.

The alternative: share-per-share deals, allowing the acquirer and target to

🤔 I’m curious —
Will we see a drop-off in M&A activity?
Or will there simply be an increase in share-per-share deals?

What do you think? 💬👇

#investors #Data #mining #gold

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Originally posted by Greg Brinson on LinkedIn
link: linkedin.com/in/gregbrinson