Parties
Company
Pan American Silver Corp.
Company
Glencore International AG
British Columbia-based Pan American Silver Corp. and Swiss mining firm Glencore International AG have reached an agreement for Glencore to buy the remaining 56.2 percent interest in the MARA project from Pan American in a deal valued at approximately $631 million (US$475 million).The deal is expected to close in the third quarter of 2023.
Deal Type
Merger & AcquisitionIndustry
MiningTransaction
$ 631,000,000Deal Status
ClosedClosing Date
25 September 2023