Brief: Coeur Strikes $7 Billion Deal For New Gold
03/11/2025 11:42
Nov 3 (Reuters) - Coeur Mining and New Gold: COEUR ANNOUNCES ACQUISITION OF NEW GOLD TO CREATE A NEW, ALL NORTH AMERICAN SENIOR PRECIOUS METALS PRODUCER NEW GOLD INC - UNDER DEAL, SHAREHOLDERS TO RECEIVE 0.4959 SHARES OF COEUR NEW GOLD INC - DEAL IMPLIES TOTAL EQUITY VALUE FOR CO ABOUT $7 BILLION NEW GOLD INC - COEUR STOCKHOLDERS TO OWN 62%, NEW GOLD SHAREHOLDERS 38% OF COMBINED CO NEW GOLD INC: EXCHANGE RATIO IMPLIES CONSIDERATION OF $8.51 PER NEW GOLD COMMON SHARE NEW GOLD INC: DEAL IS ACCRETIVE ON ALL OF COEUR'S KEY PER SHARE METRICS Source text: ID:nBw3zK3D5a Further company coverage: CDE.N ((Reuters.Briefs@thomsonreuters.com;))
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