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Bullboard - Stock Discussion Forum Agnico Eagle Mines Ltd T.AEM

Alternate Symbol(s):  AEM

Metals & Mining Gold
Agnico Eagle Mines Limited is a Canada-based gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa... see more

TSX:AEM - Post Discussion

Agnico Eagle Mines Ltd > Gold Fields says it will not make new offer for Yamana
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Post by PulpCutter on Nov 07, 2022 9:25am

Gold Fields says it will not make new offer for Yamana

https://finance.yahoo.com/news/gold-fields-says-not-offer-065318484.html

JOHANNESBURG, Nov 7 (Reuters) - The board of South Africa's Gold Fields has decided it will not offer to change the terms of its deal to take over Yamana Gold after Agnico Eagle and Pan American made a surprise bid for the miner on Friday.

The decision not to make a new bid reflected "commitment to capital discipline" and the "fairness" of the deal to both Gold Fields and Yamana shareholders, the South Africa-listed gold miner said on Monday. (Reporting by Helen Reid; Editing by Tom Hogue)

Comment by retiredcf on Nov 07, 2022 1:39pm
Yamana Gold Inc. was flat after the board of South Africa’s Gold Fields  said on Monday it will not change its offer after a surprise rival bid from Agnico Eagle and Pan American. Gold Fields’ decision reflects “commitment to capital discipline” and to fairness for shareholders in Gold Fields and Yamana, the South Africa-listed miner said on Monday. The joint cash ...more  
Agnico Eagle Mines Ltd