GOLD M&A
Canadian gold miners Centerra Gold and AuRico Metals have struck an accord to combine their businesses through a friendly C$310-million deal that will see Centerra usurp all of the outstanding equities of AuRico. Centerra is offering C$1.80 a share, representing a 38% premium on AuRico's TSX-listed shares' closing price on Monday and a 37% premium on the 20-day volume-weighted average price.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access