© 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
5 Questions To Ask Before Putting AI Into Practice And A Checklist For Success
Innovation
03/01/20205 Questions To Ask Before Putting AI Into Practice And A Checklist For Success

Despite the power of Artificial Intelligence to transform the customer experience, many AI projects fail at the first hurdle. Henry Jinman at EBI.AI outlines the 5 most common mistakes and how to avoid them using a tried and tested checklist.

Read Full PostRead - Eye Icon
AI and Humans, the Superheroes of Today
Innovation
02/01/2024AI and Humans, the Superheroes of Today

Businesses need to change the perception of AI from being the ‘villain’ to the invisible superhero that will augment employees’ roles and create more jobs. McKinsey Global Institute estimates that as early as 2030 AI could contribute to the creation of 2

Read Full PostRead - Eye Icon
Greek Consumers Fiscal Future Looks Brighter
Finance
04/08/2015Greek Consumers Fiscal Future Looks Brighter

MoneyGram, an international money transfer service, has resumed international money transfers into Greece, offering hope to Greek consumers and businesses.

Read Full PostRead - Eye Icon
Aetina Showcases Next-Gen Edge AI Solutions at COMPUTEX 2024
Innovation
03/06/2024Aetina Showcases Next-Gen Edge AI Solutions at COMPUTEX 2024

Aetina, a leading edge AI solutions provider, is showcasing its innovative solutions at COMPUTEX 2024 in Taipei, Taiwan

Read Full PostRead - Eye Icon
CFO of the Month
Leadership
19/07/2016CFO of the Month

In a special feature interview with Theresa E. Wagler, a highly seasoned professional of Steel Dynamics, she gives fascinating insights into her broad yet vital and fascinating role as CFO of this company.

Read Full PostRead - Eye Icon
7 Strategies to Managing Your Business Cash Flow
News
31/05/20227 Strategies to Managing Your Business Cash Flow

As a business owner, you know that cash flow and business capital are critical. If you can’t manage your cash flow effectively, your business will struggle. Read on to learn how to better manage your business cash flow. Make a Budget and Stick to It With

Read Full PostRead - Eye Icon
CEO’s Must Be Set Up for Success When Eyeing up M&A Exits
News
04/09/2024CEO’s Must Be Set Up for Success When Eyeing up M&A Exits

Companies’ sale memorandums are often compendiums that fail to tell a compelling story, and while compiling key information has value, it does not sell a business for the maximum price, says Victor Basta, CEO and Founder of DAI Magister.

Read Full PostRead - Eye Icon
Intellectually Stimulating Work
Innovation
07/06/2017Intellectually Stimulating Work

Sand & Sebolt, LPA is an intellectual property boutique law firm located in Northeast Ohio, USA. They were recently awarded the Most Outstanding IP Law Firm 2016 as part of the 2016 Global Excellence Awards, after which we invited them to profile the work of t

Read Full PostRead - Eye Icon
What Should You Know Before Starting Your Own Insurance Business?
News
07/03/2025What Should You Know Before Starting Your Own Insurance Business?

Starting your own insurance business is a rewarding venture, but it’s not without its challenges. From understanding your customers’ needs to navigating industry regulations, there’s a lot to consider before jumping in. Let’s look at so



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