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Centerra Gold to buy AuRico Metals in C$310 mln deal
November 7, 2017 / 12:33 PM / in a month

Centerra Gold to buy AuRico Metals in C$310 mln deal

Nov 7 (Reuters) - Canadian miner Centerra Gold Inc said on Tuesday it would buy smaller rival AuRico Metals Inc in a deal valued at C$310 million ($243 million).

Centerra offered C$1.80 per share in cash, a 38.5 percent premium to AuRico last close on Monday. (Reporting by Ahmed Farhatha in Bengaluru; Editing by Saumyadeb Chakrabarty)

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