# Pan American Silver to acquire MAG Silver Corp. for $2.1 billion

Pan American Silver announced a definitive agreement to acquire all shares of MAG Silver Corp. for total consideration of approximately $2.1 billion, including $500 million in cash and stock. MAG Silver holds a 44% interest in the Juanicipio silver mine in Mexico.

- Type: Acquisition
- Announced: 2025-05-11
- Where: Mexico
- Value: $2.10B
- Status: announced
- Products: silver

## Companies

- [Pan American Silver Corp.](https://endata.com/companies/66424.md) (acquirer)
- [MAG Silver](https://endata.com/companies/84681.md) (target)

## Sources

- [panamericansilver.com](https://panamericansilver.com/news/pan-american-silver-announces-agreement-to-acquire-mag-silver-corp/), 2025-05-12: "Our acquisition of MAG brings into Pan American's portfolio one of the best silver mines in the world."

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