Pan American Silver Announces Agreement to Acquire MAG Silver Corp.

Pan American Silver buying MAG Silver for US$2.1B in stock and cash

VANCOUVER — Pan American Silver Corp. has signed a deal to acquire MAG Silver Corp. in a stock-and-cash offer valued at US$2.1 billion. MAG holds a 44 per cent joint venture interest in the Juanicipio mine, operated by Fresnillo plc, which holds the remaining stake. MAG chief executive George Paspalas says the deal represents a […]

Canadian miner Pan American Silver to acquire MAG Silver at valuation of about $2.1-billion

The deal will give Pan American Silver access to a 44% interest that MAG has in the tier-one Juanicipio silver mine in Mexico

Pan American Silver to Buy Smaller Rival MAG for $2.1 Billion

Pan American Silver Corp. agreed to buy smaller producer MAG Silver Corp. in a transaction valued at about $2.1 billion, giving the bigger producer access to a major mine in Mexico.

Pan American Silver Announces Agreement to Acquire MAG Silver Corp.

All amounts expressed in U.S. dollars unless otherwise indicated.

Pan American Silver to acquire MAG Silver in $2.1bn deal

Pan American Silver has signed an agreement with MAG Silver to acquire all its issued and outstanding common shares for approximately $2.1bn.The post Pan American Silver to acquire MAG Silver in $2.1bn deal appeared first on Mining Technology.

Pan American signs $2.1B deal to buy MAG Silver – The Northern Miner

Pan American Silver (TSX, NYSE: PAAS) agreed to buy MAG Silver (TSX, NYSE: MAG) for about $2.1 billion in cash and stock to gain a stake in Mexico’s large-scale Juanicipio...