Perenti Global (ASX:PRN) bags $80m cash for asset sales

09AprApril 9, 2021

Perenti Global (ASX:PRN) bags $80m cash for asset sales

The sales of Perenti Global (ASX:PRN)’s mining assets in Mali and Burkina Faso have generated $80 million in cash for the mining company.

The receipt for the sales of Yanfolila and Boungou’s in-country plants, property and equipment (PPE) will enable the business to redeploy capital into its “most value-accretive opportunities”.

Shares in Perenti Global (ASX:PRN) are trading 2.25 per cent higher at $1.14.
Copyright 2021 – Finance News Network

Source: Finance News Network

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