Pan American Silver is acquiring MAG Silver in a $2.1 billion deal

From Nasdaq: 2025-05-11 22:47:00

Pan American Silver Corp. has agreed to acquire MAG Silver Corp. in a deal valued at US$2.1 billion. MAG shareholders will receive US$20.54 per share, a mix of cash and Pan American shares. Following the transaction, existing MAG shareholders will own about 14% of Pan American. MAG Silver is a primary silver mining company with a joint venture in the Juanicipio mine. Shareholders can choose to receive US$20.54 in cash per share or 0.755 Pan American shares per share. The deal is expected to close in the second half of 2025.



Read more at Nasdaq: Pan American Silver To Acquire MAG Silver In US$2.1 Bln Deal