M&A Deal Summary

Iamgold Acquires Cambior

On November 8, 2006, Iamgold acquired metals/mining company Cambior for 1.2B USD

Acquisition Highlights
  • This is Iamgold’s 1st transaction in the Metals/Mining sector.
  • This is Iamgold’s largest (disclosed) transaction.
  • This is Iamgold’s 1st transaction in Canada.
  • This is Iamgold’s 1st transaction in Quebec.

M&A Deal Summary
Date 2006-11-08
Target Cambior
Sector Metals/Mining
Buyer(s) Iamgold
Deal Type Add-on Acquisition
Deal Value 1.2B USD
Advisor(s) McCarthy Tétrault
Holland & Knight (Legal)

Target

Cambior

Longueuil, Quebec, Canada
Cambior, Inc. is the largest gold producer.

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Buyer(S) 1

Buyer

Iamgold

Toronto, Ontario, Canada
Category Company
Founded 1990
Sector Metals/Mining
Employees3,600
Revenue 987M USD (2023)
DESCRIPTION

Iamgold is a mid-tier gold mining company producing almost one million ounces from 7 mines on 3 continents. IIamgold was founded in 1990 and is based in Toronto, Canada.

DEAL STATS #
Overall 1 of 5
Sector (Metals/Mining) 1 of 5
Type (Add-on Acquisition) 1 of 4
State (Quebec) 1 of 1
Country (Canada) 1 of 5
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-25 Orezone Resources

Ottawa, Ontario, Canada

Orezone Resources, Inc. is a canadian gold exploration and development company that is focused on the discovery and development of gold deposits in Burkina Faso, West Africa.

Buy -
Mergr

Product

Company

Legal