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Mexico approves Pan American Silver’s Tahoe acquisition

18th February 2019

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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The Mexican Federal Economic Competition Commission on Friday approved the proposed transaction whereby Pan American Silver will acquire all of the issued and outstanding shares of dual-listed Tahoe Resources.

In a statement, Tahoe confirmed that all required regulatory, shareholder and court approvals had been received and that the  arrangement would be completed on or about February 22.

The $1.07-billion transaction acquisition of Tahoe effectively doubled Pan American’s silver reserves.

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Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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