BRIEF-Barrick announces intention to divest part of African Barrick Gold Plc holding

March 10 (Reuters) - Barrick Gold Corp ABX.TO :

* Announces intention to divest part of African Barrick Gold Plc holding

* Says placing is expected to comprise approximately 41.0 million abg ordinary

shares

* Says disposal will be conducted by means of a placing of abg ordinary shares

to institutional investors

* Placing conducted through accelerated bookbuild offering process, will be

launched immediately following this announcement

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