Reported about 16 hours ago
Pan American Silver has reached a definitive agreement to acquire MAG Silver in a deal valued at approximately $2.1 billion. This includes $500 million in cash and shares, which represents a premium for MAG shareholders. The acquisition integrates MAG's significant stake in the Juanicipio silver mine, enhancing Pan American's position as a leading silver producer, while promising growth opportunities through exploration and financial strength for MAG shareholders.
Source: YAHOO