© Copyright Acquisition International 2026 - 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
Airport Ground Handling Merger May Give Rise to Competition Concerns
Strategy
15/12/2016Airport Ground Handling Merger May Give Rise to Competition Concerns

Menzies’ acquisition of ASIG may give rise to competition concerns over ground handling services at Aberdeen Airport.

Read Full PostRead - Eye Icon
Preserving a Heritage of Excellence
Innovation
23/05/2018Preserving a Heritage of Excellence

Proserv is a global leader with a worldwide presence, offering a fresh alternative in the delivery of engineering and technical services to the energy, process and utility markets.

Read Full PostRead - Eye Icon
International engineering consultancy Thornton Tomasetti to acquire MMI Engineering
Leadership
14/06/2018International engineering consultancy Thornton Tomasetti to acquire MMI Engineering

Thornton Tomasetti, the international engineering consultancy, has agreed to acquire MMI Engineering (“MMI”), the technical consulting specialist focused on the risk management of man-made and natural hazards across the oil and gas, nuclear, utilities and

Read Full PostRead - Eye Icon
Soft Launch Strategy for Your App: Why and How to Do It?
News
08/06/2022Soft Launch Strategy for Your App: Why and How to Do It?

Especially for first-time app developers, a soft launch can be immensely valuable. It enables you to trial your app without going all-out straight away, thereby allowing you to test the waters first.

Read Full PostRead - Eye Icon
The Best  in Recruitment
Strategy
01/11/2016The Best in Recruitment

Founded in April 2014 by brother and sister, Ed and Lucy Chamberlain, C&C Search is a recruitment firm specialising in the placement of support staff and finance professionals. As a company, we recruit on a permanent, temporary and contract basis.

Read Full PostRead - Eye Icon
Ruling Over the World’s Economies
Innovation
06/11/2015Ruling Over the World’s Economies

Developing economies quickened the pace of their business reforms during the last 12 months to make it easier for local businesses to start and operate, says the World Bank Group’s annual ease of doing business measurement.

Read Full PostRead - Eye Icon
United Bankshares, Inc. Announces Increase in Earnings
Finance
30/04/2015United Bankshares, Inc. Announces Increase in Earnings

United Bankshares, Inc., today announced earnings for the first quarter of 2015. Earnings for the first quarter of 2015 were $34.6 million or $0.50 per diluted share, an increase from earnings of $30.1 million or $0.48 per diluted share for the first quarter o

Read Full PostRead - Eye Icon
Unlocking Hidden Value in Privately-Held Acquisition Targets
Finance
20/10/2025Unlocking Hidden Value in Privately-Held Acquisition Targets

In private company acquisitions, hidden value refers to the unrealized potential that isn’t reflected on financial statements but can significantly impact long-term performance.

Read Full PostRead - Eye Icon
Money Grows: Increasing Your Capital
News
13/03/2023Money Grows: Increasing Your Capital

It can be reassuring to know that you are able to pay the bills and still have some cash left over at the end of the month. However, for many people, the last few days before payday can result in loans or credit cards being relied upon.



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 a number of 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