© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Alamos Gold, AuRico Gold merging in $1.5 billion deal
Posted 15th April 2015

Alamos Gold, AuRico Gold merging in $1.5 billion deal

Canadian gold mining companies Alamos Gold and AuRico Gold Inc. are merging in a deal valued at approximately $1.5 billion.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Alamos Gold, AuRico Gold merging in $1.5 billion deal

Alamos Gold, AuRico Gold merging in $1.5 billion deal

View Biography
Alamos

View Biography
Aurico Gold

Merger

Merger

Canadian gold mining companies Alamos Gold and AuRico Gold Inc. are merging in a deal valued at approximately $1.5 billion.

The combined business will have assets including AuRico’s Young-Davidson mine in Canada and Alamos’ Mulatos mine in Sonora, Mexico.

John McCluskey, president and CEO of Alamos Gold, will serve as CEO of the combined business. The board of the combined business will have 10 members, with five directors from each company.

Once the deal is complete, shareholders of both companies will each own about 50 percent of the combined business, which will take the name Alamos Gold Inc. A new company, which will be called AuRico Metals Inc., will house AuRico’s Kemess project.

Alamos shareholders will receive one share in the combined business and $0.0001 in cash for each share they own. AuRico shareholders will receive 0.5046 shares of the combined business for each share they own.

The boards of both companies unanimously approved the merger.

The transaction, which is expected to close in the second quarter, still needs approval from shareholders.

Categories: Finance, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Recognised for Their Legal Innovation and Outstanding Service
Leadership
19/07/2019Recognised for Their Legal Innovation and Outstanding Service

Anna Grigorieva & Co. LLC (AG ADVOCATES) is a boutique law firm offers a vast range of legal services from highly complex matters to day-to-day transactional legal needs.

Read Full PostRead - Eye Icon
Gen Z Is Coming: How Luxury Brands Can Survive and Thrive With the Next Generation 
News
20/07/2022Gen Z Is Coming: How Luxury Brands Can Survive and Thrive With the Next Generation 

Younger generations are continuing to encroach on the luxury market, and for brands it is important they get their share. Set to make up 50% of the whole market by 2025, Gen Zs and Millennials are fast becoming key stakeholders in the industry. For luxury bran

Read Full PostRead - Eye Icon
Best Optical Industry Business Advisors – UK
Finance
20/05/2016Best Optical Industry Business Advisors – UK

Profits in Focus are the only accountants and business advisors who specialise in the optical industry.

Read Full PostRead - Eye Icon
PatentAxis Inc. ‘Best Patent Services Firm – Canada’
Finance
12/06/2015PatentAxis Inc. ‘Best Patent Services Firm – Canada’

PatentAxis Inc. is a Canadian patent services firm located in downtown Toronto, Ontario, Canada.

Read Full PostRead - Eye Icon
Kenya: Ensuring Economic Growth
Finance
12/10/2015Kenya: Ensuring Economic Growth

Mohammed Muigai is a leading law firm based in Kenya’s capital, Nairobi. Comprising six partners and five associates, allied to the finest legal and administrative support staff, the firm’s reputation as a market leader derives from a tradition of excellen

Read Full PostRead - Eye Icon
The Future of  Financial Markets
Finance
01/07/2017The Future of Financial Markets

Thomson Reuters Corporation (Thomson Reuters) is a provider of news and information for professional markets and recently won the 2017 Business Elite from Switzerland award, after which we invited them to profile their varied work in the field of financial mar

Read Full PostRead - Eye Icon
Seeing Advantages Where Others See Obstacles.
News
20/06/2023Seeing Advantages Where Others See Obstacles.

The family owned and operated business Custom Recycling has been awarded the title of South Carolina's Best Scrap Metal Recycling Company 2023.

Read Full PostRead - Eye Icon
The Dos and Don’ts of Interacting with Insurance Companies After a Personal Injury
Legal
16/05/2023The Dos and Don’ts of Interacting with Insurance Companies After a Personal Injury

Personal injury accidents can be a traumatic experience for anyone involved. From car accidents to slip and falls, the emotional, physical, and financial strain can be overwhelming.

Read Full PostRead - Eye Icon
How to Repay Your Loan Faster?
Finance
23/02/2022How to Repay Your Loan Faster?

Whenever you’re in debt, your main goal should be to repay it as fast as possible. Sure, taking out a loan can be a good thing as it provides access to needed credit.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow