© 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
Delivering the Benefits in Compliance, with IRS Standards
Finance
07/02/2020Delivering the Benefits in Compliance, with IRS Standards

Engineered Tax Services, Inc. (ETS) is one of the largest licensed engineering tax firms in the United States that focuses on federal, state, and local tax benefits. We caught up with CEO, Julio Gonzalez who provided us with a detailed glimpse into the one of

Read Full PostRead - Eye Icon
How Can CFOs Help Businesses Navigate the Pandemic
Finance
07/09/2021How Can CFOs Help Businesses Navigate the Pandemic

The global spread of COVID-19 has had some drastic effects on the way businesses function. This article highlights steps CFOs can take across three major sectors: immediate recovery, short-term stability, and long-term improvements.

Read Full PostRead - Eye Icon
Retail Mapping: Utilizing Contextual Intelligence to Meet Consumers Where They Are
News
27/06/2022Retail Mapping: Utilizing Contextual Intelligence to Meet Consumers Where They Are

Although online shopping has increased by 300%, 56% of shoppers still visit a physical store before making a purchase, and 30% of direct-to-consumer brands say opening a store is a current priority.

Read Full PostRead - Eye Icon
UK Law Firms: More Cyber Security Support is Urgently Needed from MSPs
Legal
19/10/2023UK Law Firms: More Cyber Security Support is Urgently Needed from MSPs

Recent research by the National Cyber Security Centre (NCSC) has found UK law firms are increasingly appealing targets for cybercriminals interested in stealing and exploiting client data.

Read Full PostRead - Eye Icon
Why does enterprise asset management matter?
News
12/01/2022Why does enterprise asset management matter?

Enterprise asset management refers to managing the maintenance of your physical assets. In brief, enterprise asset management matters because it maximizes the lifespan of your equipment, reduces costs in the long term, improves safety, and increases efficiency

Read Full PostRead - Eye Icon
Dell to Acquire EMC in Biggest Tech Deal of All Time
M&A
16/10/2015Dell to Acquire EMC in Biggest Tech Deal of All Time

Dell has agreed to acquire EMC for $67 billion or £33.15 a share, by far the biggest technology deal of all time.

Read Full PostRead - Eye Icon
Innovating Financial Services with Banking APIs
Finance
06/06/2016Innovating Financial Services with Banking APIs

Traditionally, financial services and banking have been among the most conservative industries.

Read Full PostRead - Eye Icon
How Money Management Has Changed in the Last Decade
News
28/07/2025How Money Management Has Changed in the Last Decade

Ever feel like keeping up with your finances has become a full-time job? Ten years ago, managing money meant notebooks, spreadsheets, and maybe a monthly visit to the ATM. Today, your financial life lives on your phone—sandwiched between your social medi

Read Full PostRead - Eye Icon
4 Things to Do to Improve Your Finances
Finance
28/06/20214 Things to Do to Improve Your Finances

We are all looking for quick ways that will give us some financial stability back into our lives after the craziness of the last year. We could all do with a little savings boost that will give us a cushion to fall back on should we need it. If you are looking



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