{"id":5212,"date":"2026-01-27T09:19:19","date_gmt":"2026-01-27T09:19:19","guid":{"rendered":"https:\/\/profitalarm.com\/index.php\/2026\/01\/27\/zijin-gold-to-acquire-allied-gold-in-us4-billion-deal\/"},"modified":"2026-01-27T09:19:19","modified_gmt":"2026-01-27T09:19:19","slug":"zijin-gold-to-acquire-allied-gold-in-us4-billion-deal","status":"publish","type":"post","link":"https:\/\/profitalarm.com\/index.php\/2026\/01\/27\/zijin-gold-to-acquire-allied-gold-in-us4-billion-deal\/","title":{"rendered":"Zijin Gold to Acquire Allied Gold in US$4 Billion Deal"},"content":{"rendered":"<\/p>\n<p><strong>Allied Gold (TSX:AAUC,NYSE:AAUC) has agreed to be acquired by Hong Kong\u2013listed Zijin Gold International (HKEX:2259,OTCPink:ZJNGF) in an all-cash transaction that values the Canadian miner at approximately C$5.5 billion, the companies announced Monday (January 26).<\/strong><\/p>\n<p>The deal will see Zijin Gold purchase all outstanding shares of Allied Gold for C$44 per share in cash, according to a definitive arrangement agreement signed by both parties. The offer represents a premium of about 5.4 percent above the company\u2019s most recent closing price.<\/p>\n<p>The transaction, which has been unanimously approved by Allied Gold\u2019s board of directors, will be implemented through a court-approved plan of arrangement. It remains subject to shareholder approval at a special meeting as well the necessary regulatory and court approvals.<\/p>\n<\/p>\n<p>\u201cThe announced Transaction provides a highly attractive all-cash offer for Allied Gold at what represents an all-time high for the Company\u2019s share price, crystallizing significant and certain value for its shareholders,\u201d Allied Gold Chairman and Chief Executive Officer Peter Marrone said. <\/p>\n<p>Allied Gold operates gold assets across Ethiopia, Mali and C\u00f4te d\u2019Ivoire, regions that have increasingly attracted global miners seeking long-life projects and production growth. The company has positioned itself as a mid-tier producer with expansion potential across its African portfolio.<\/p>\n<p>Zijin Gold, one of the world\u2019s largest gold miners, said the acquisition fits its long-term strategy of expanding internationally through high-quality assets. <\/p>\n<p>\u201cAllied Gold has successfully assembled and advanced a portfolio of large-scale, long-life gold assets with compelling expansion potential,\u201d Zijin Gold Chairman Hongfu Lin said, pointing to the Sadiola and Kurmuk projects as \u201cgenerational assets\u201d expected to deliver multi-decade production, complemented by output from the CDI Complex in C\u00f4te d\u2019Ivoire.<\/p>\n<p>The agreement includes customary deal protections. Allied Gold would be required to pay a termination fee of C$220 million to Zijin if the transaction is terminated under certain specified circumstances.<\/p>\n<p>The timing of the deal also coincides with signs of easing trade tensions between Canada and China. Earlier this month, the two countries reached a preliminary agreement aimed at cutting tariffs on electric vehicles and canola while committing to reduce broader trade barriers and strengthen strategic cooperation. <\/p>\n<p>Zijin Gold operates across nine countries and has pursued an aggressive international expansion strategy in recent years. The company made a strong debut on the Hong Kong Stock Exchange last year, surpassing US$100 billion in market value for the first time despite a delayed initial public offering.<\/p>\n<p><strong>Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allied Gold (TSX:AAUC,NYSE:AAUC) has agreed to be acquired by Hong Kong\u2013listed Zijin Gold International (HKEX:2259,OTCPink:ZJNGF)&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5213,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-5212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/posts\/5212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/comments?post=5212"}],"version-history":[{"count":0,"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/posts\/5212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/media\/5213"}],"wp:attachment":[{"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/media?parent=5212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/categories?post=5212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/profitalarm.com\/index.php\/wp-json\/wp\/v2\/tags?post=5212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}