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New Deal


Announced

Completed

Equinox Gold completed the merger with Leagold in a $584m deal.

Financials

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Transaction Value£438m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales1.5x
EV/EBITDA17.52x
Share Price Premium-
One Off Charge-

Synopsis

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Equinox Gold and Leagold Mining, two gold mining companies, completed their merger in $584m deal. After closing, Equinox Gold and Leagold shareholders own approximately 55% and 45% of the merged company respectively. "We have created a major gold producer by combining the assets and leadership teams of Equinox Gold and Leagold, with a peer-leading growth profile and powerful financial, technical and operational management. Equinox Gold now has six producing mines, two development projects, two expansion projects and the financial capacity to fund its development plans," Ross Beaty, Equinox Gold Executive Chair.

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