# Endeavour Mining to acquire SEMAFO in all-stock deal

Endeavour Mining will acquire all outstanding securities of SEMAFO to create a top 15 global gold producer with six operations in West Africa. The exchange ratio is 0.1422x, representing a 27.2% premium to SEMAFO's 20-day VWAP.

- Type: Acquisition
- Announced: 2020-03-23
- Status: announced
- Products: gold

## Companies

- [Endeavour Mining](https://endata.com/companies/21465.md) (acquirer)
- [SEMAFO](https://endata.com/companies/32084.md) (target)

## Sources

- [endeavourmining.com](https://www.endeavourmining.com/news-and-media/news/endeavour-combine-semafo-create-leading-west-african-gold-producer/), 2020-03-23: "The Transaction will create a top 15 global gold producer and the largest in West Africa with six operations and an attractive growth pipeline."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.