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Agnico and PanAm swoop with rival offer for Yamana

Gold Fields gets outbid, six months after first announcing deal

Paul Harris
Canadian Malartic in Quebec, Canada

Canadian Malartic in Quebec, Canada

Under the bid, Pan American would buy Yamana for US$1 billion in cash and 135 million PanAm shares and 36.1 million Agnico shares, for an aggregate value of US$5.02 per Yamana share. This values Yamana...

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