© 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
How to do Estate Planning Properly
News
29/08/2023How to do Estate Planning Properly

Estate planning is the process of designating who will receive your assets in the event of your death or incapacitation. Having a well-thought-out estate plan is the most reliable way to ensure that heirs and beneficiaries correctly receive the assets. More of

Read Full PostRead - Eye Icon
Why Data Analytics Is Crucial For Business Growth
News
20/06/2022Why Data Analytics Is Crucial For Business Growth

In today’s increasingly competitive business world, data is the new gold. The wide availability of data that businesses generate contains game-changing insights. These may bring relevant information about your customer's buying behavior, preferences, and the

Read Full PostRead - Eye Icon
Trigon Advise on Public Consulting Group’s Acquisition of Librus from Oresa Ventures
M&A
27/08/2015Trigon Advise on Public Consulting Group’s Acquisition of Librus from Oresa Ventures

Trigon Advise on Public Consulting Group's Acquisition of Librus from Oresa Ventures

Read Full PostRead - Eye Icon
Citi Announces to Sell Citi Cards Japan to Sumitomo Mitsui Trust Bank
Finance
31/03/2015Citi Announces to Sell Citi Cards Japan to Sumitomo Mitsui Trust Bank

Citi today announced that it has reached a definitive agreement to sell 100% of the shares of Citi Cards Japan, Inc.

Read Full PostRead - Eye Icon
Tax Becomes the Talk of the Town
Finance
28/05/2015Tax Becomes the Talk of the Town

Survey for 10th Annual Domestic Tax Conference C-suite, boards, investors, media and legislators all interested in tax.

Read Full PostRead - Eye Icon
Best Older Adult Philanthropic Support Organization 2022
Corporate Social Responsibility
28/06/2022Best Older Adult Philanthropic Support Organization 2022

In terms of funding and government support, the elderly population often fly under the radar. However, the John Knox Village of Florida is on a mission to change this for good – indeed, it hopes to provide retirees with a happy and healthy life post-retireme

Read Full PostRead - Eye Icon
Expertise in All Fields of Business
Legal
10/02/2017Expertise in All Fields of Business

We are a Tunisian law firm of international standing specialised in business law, recently chosen as part of the ‘2016 African Excellence’ awards.

Read Full PostRead - Eye Icon
3 Things To Know When Financing Your Small Business
Finance
01/09/20213 Things To Know When Financing Your Small Business

Every small business gets to the point where it needs more money either to go on with its operations or to be able to make the most of an important opportunity to grow. Here are a few things you need to know when financing your small business.

Read Full PostRead - Eye Icon
Maclay Murray & Spens Advises Phoenix Fund Services During Maitland’s Acquisition
Legal
07/05/2015Maclay Murray & Spens Advises Phoenix Fund Services During Maitland’s Acquisition

Maclay Murray & Spens Advises Phoenix Fund Services During Maitland's Acquisition



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