© 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
Htin Kyaw – What Now?
Leadership
11/05/2016Htin Kyaw – What Now?

With Myanmar swearing in its first elected civilian president in 50 years, we spoke to Krishna Ramachandra,

Read Full PostRead - Eye Icon
Cegedim Acquisition of Activus
M&A
03/08/2015Cegedim Acquisition of Activus

Cegedim Acquisition of Activus

Read Full PostRead - Eye Icon
Leading Insolvency and Asset Recovery Expert
Leadership
11/06/2019Leading Insolvency and Asset Recovery Expert

Grant Thornton BVI Ltd specialises in providing recovery and restructuring services for or to companies registered in the BVI and the Eastern Caribbean. Following their success in Acquisition Intl.’s Leading Advisor 2018 where they were awarded the accolade

Read Full PostRead - Eye Icon
How to Spot A Phone Scam: Protecting Yourself in the Digital Age
News
20/07/2023How to Spot A Phone Scam: Protecting Yourself in the Digital Age

When your phone starts ringing with an unknown number flashing on the screen, it's tempting to answer, especially if you're expecting an important call. But did you know that answering such calls can sometimes be dangerous

Read Full PostRead - Eye Icon
Mergers and Acquisitions Gain Momentum in European Medical Device Sector
M&A
14/04/2015Mergers and Acquisitions Gain Momentum in European Medical Device Sector

The contribution of US buyers to M&As in Europe is expected to increase, finds Frost & Sullivan.

Read Full PostRead - Eye Icon
Prepare for the Future with These Investment Strategies
Finance
01/10/2021Prepare for the Future with These Investment Strategies

Don’t just leave your money sitting in your bank account to earn hardly anything in interest. Instead, check out the investment options that are outlined in this infographic from HotForex, and continue reading to learn more.

Read Full PostRead - Eye Icon
Over 35 Years of Sensational Success
Legal
17/01/2023Over 35 Years of Sensational Success

Complex litigation law can be extremely challenging to navigate however, with a strong, level-headed load of experience, we find ourselves in good hands with Marc J. Bern & Partners LLP.

Read Full PostRead - Eye Icon
Strategic Communications
Innovation
08/06/2016Strategic Communications

Cogeco Peer 1 are a highly innovative company whose services eradicate IT complexity and let companies focus on achieving extraordinary market advantage by building high performance business-optimised platforms.

Read Full PostRead - Eye Icon
How Stakeholder Engagement in Public Sector Projects Can Building Trust
News
03/07/2023How Stakeholder Engagement in Public Sector Projects Can Building Trust

Public sector projects play a pivotal role in shaping societies and improving the lives of citizens. From infrastructure development to policy implementation, these initiatives require effective stakeholder engagement to ensure their success. Engaging stakehol



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