# Pan American and Agnico Eagle deliver binding offer to acquire Yamana Gold

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.

- Type: Acquisition
- Announced: 2022-11-04
- Where: Canada
- Status: announced
- Products: gold

## Companies

- [Agnico Eagle Mines](https://endata.com/companies/32278.md) (acquirer)
- [Yamana Gold Inc.](https://endata.com/companies/45821.md) (target)
- [Pan American Silver Corp.](https://endata.com/companies/66424.md) (acquirer)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/pan-american-and-agnico-eagle-deliver-definitive-binding-offer-to-acquire-yamana-882901473.html), 2022-11-04: "Transaction would create the leading precious metals producer in Latin America"

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