Gold fields to acquire yamana gold - a combination for long-term value creation focused on quality growth, financial discipline and shareholder returns
Transaction creates a top-4 global gold major with a diversified portfolio of high-quality, long-life assets with tangible near and long-term growth opportunities strengthened financial and operational capacity with complementary cash flow and growth profiles combined group will be headquartered in johannesburg with operations across south africa, ghana, australia, canada and south america all-share offer by gold fields at an exchange ratio of 0.6 gold fields consideration shares for each yamana share implying a valuation for yamana of us$6.7 billion johannesburg , may 31, 2022 /prnewswire/ -- gold fields limited (jse, nyse: gfi) ("gold fields") and yamana gold inc. (tsx:yri) (nyse:auy) (lse:auy) ("yamana"), today announced that they have entered into a definitive agreement (the "arrangement agreement"), under which gold fields will acquire all of the outstanding common shares of yamana ("yamana shares") pursuant to a plan of arrangement (the "transaction"). a full media release is available on the company website: www.goldfields.com for more information, please contact: gold fields investors avishkar nagaser, evp, investor relations and corporate affairstel: +27 11 562 9775 mobile: +27 82 312 8692email: avishkar.nagaser@goldfields.com thomas mengel, manager, investor relationstel: +27 11 562 9849mobile: +27 72 493 5170email: thomas.mengel@goldfields.com gold fields media sven lunsche, vice president corporate affairs tel: +27 11 562 9763mobile: +27 83 2609279email: sven.lunsche@goldfields.com investors bofa securities (financial advisor to gold fields) ben davies / peter surr / christos tomaras / anthony knox tel: +44 20 7628 1000 media brunswick group (communications advisor to gold fields) johannesburg : timothy schultz tel: +27 82 309 2497 london : pip green / nick bias / tom pigott tel: +44 20 7404 5959 north america : emily levin / nikki ritchie tel: +1 202 617 8582 / tel: +1 845 682 9850 yamana gold gerardo fernandez, svp, corporate development and investor relations tel: 416-815-0220mobile: +1 888 809 0925email: investor@yamana.com fti consulting (uk public relations / communications advisor to yamana) sara powell / ben brewerton tel: +44 7931 765 223 / +44 203 727 1000email: yamana.gold@fticonsulting.com view original content:https://www.prnewswire.com/news-releases/gold-fields-to-acquire-yamana-gold--a-combination-for-long-term-value-creation-focused-on-quality-growth-financial-discipline-and-shareholder-returns-301557649.html source gold fields limited
AUY Ratings Summary
AUY Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission