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China's Zijin faces delays to its $4 billion swoop for Allied Gold
By Leslie Hook
Financial Times, London
Friday, May 29, 2026
Hong Kong-listed Zijin Gold International's $4 billion takeover of Canada's Allied Gold is facing delays because of opposition from regulators in Beijing, threatening the Chinese group's first major deal since its initial public offering.
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China's powerful regulator, the National Development and Reform Commission, has questioned the premium Zijin is paying as well as the geopolitical risks associated with Allied's gold mine in Mali, according to people familiar with its thinking.
The company's biggest mine by current production is Sadiola in the West African country, which was rocked by political violence last month. ...
... For the remainder of the report:
https://www.ft.com/content/74b1112a-5a0f-44d4-b91f-9782809cb1c6
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