Wednesday 16 April 2014

Gold Mining M&A - Friendly Osisko bid from Yamana & Agnico

More twists in the bids for Osisko as Agnico team up with Yamana to bid ahead of Goldcorp.
The 3 companies issued a joint presentation which gives interesting reading.
The Osisko spinco will have high cash and significant royalty streams which may earn a premium rating. They will also hold a the large exploration package in Mexico which Osisko recently secured.

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