Alamos Gold C$905 million acquisition of Richmont Mines

11/9/2017
Public acquisition

C$ 905 million

Announced

11/9/2017


Overview:

  • Alamos Gold has acquired Richmont Mines for C$905 million.
  • After the acquisition, Alamos Gold will be in the top 10 gold producers in North America.
  • The production is expected to be with 25% higher per year.
  • The financial adviser to Alamos Gold was BMO Capital Markets, while Macquarie Capital Markets and Maxit Capital provided Richmont Mines with financial guidance.

 Katrin Kostadinova - Data analyst 

Jurisdiction:

Canada

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

Canada

Industry sectors:

Industrials and manufacturing
Mining


Firms:

Party: Richmont Mines (Target)


Party: Alamos Gold (Acquirer)