Loading…

Pan American Silver Corp. and Agnico Eagle Mines Limited delivered a definitive binding offer to acquire all shares of Yamana Gold Inc. Pan American would acquire Yamana shares, and Yamana would sell its Canadian assets, including the Canadian Malartic mine, to Agnico Eagle. The total consideration includes Pan American shares, US$1.0 billion in cash from Agnico Eagle, and Agnico Eagle shares, valuing each Yamana share at approximately US$5.02.
“Transaction would create the leading precious metals producer in Latin America”newswire.ca
Summarized from public sources; check the original articles before acting on it.