Coeur Mining (CDE) announced a definitive, all-stock Plan of Arrangement to acquire New Gold Inc. (NGD), creating a premier, 100% North American senior precious metals producer. The transaction values New Gold at approximately $7 billion, representing a 16% premium, with New Gold shareholders receiving 0.4959 Coeur shares per share. Post-closing, Coeur stockholders will hold about 62% and New Gold holders 38%.
The strategic goal is to achieve greater scale, targeting top 10 global precious metals status and an investment-grade credit rating. The combined entity projects strong financial perfo
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