Placer banks $288.5 million on sale of oil and gas subsidiary

For cash proceeds of $288.5 million, Placer Dome (TSE) has completed the sale of its Canadian oil and gas operations to Calgary-based Opus Acquisition. The sale, which will have a substantial impact on Placer Dome's third-quarter earnings, represents the final...

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close