MergerLinks Header Logo

Announced

AngloGold Ashanti to acquire the Crown and Sterling holdings of Coeur Mining for $200m.

Synopsis

AngloGold Ashanti, a global gold mining company, agreed to acquire the Crown and Sterling holdings of Coeur Mining, a precious metals mining company listed on the New York Stock exchange, for $200m. "The divestiture of Crown Sterling unlocks significant value for Coeur stockholders and demonstrates our ongoing commitment to allocating capital into our existing portfolio of near-term core growth projects, highlighted by the Rochester expansion in northern Nevada. The consideration represents a significant gain on our original investment," Mitchell J. Krebs, President and CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US