AngloGold Ashanti, a leading global gold mining company, has successfully acquired Centamin plc, an Egypt-focused gold miner, in a transaction valued at approximately $3.3 billion (£1.9 billion).

The acquisition adds the Sukari Gold Mine, Egypt's largest and first modern gold mine, to AngloGold's portfolio. This addition is expected to increase AngloGold's annual production to over 3 million ounces, positioning it as the fourth-largest gold producer globally.

Slaughter and May advised AngloGold Ashanti and Hogan Lovells represented Centamin.