Sybilla Gross's profile photo

Sybilla Gross

Melbourne

Reporter at Bloomberg News

Reporting all things precious metals w @business. Podcast lover. Mediocre plant mother. Views my own. [email protected] for tips

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Articles

  • 2 days ago | news.bloombergtax.com | Sybilla Gross |James Attwood

    Pan American Silver Corp. agreed to buy smaller producer MAG Silver Corp. in a transaction valued at about $2.1 billion, giving the bigger rival access to a major mine in Mexico. MAG shareholders will receive $500 million in cash and 0.755 ordinary shares of Pan American for each stock they own, Pan American saidMonday. That values MAG shares at $20.54 based on May 9 closing prices, a 21% premium. Shares of Pan American fell 14% to $23.29 as of 10:23 a.m. in New York, while MAG was up 7.4% to $18.17.

  • 3 days ago | bloomberg.com | Sybilla Gross |James Attwood

    Michael Steinmann, chief executive officer and president of Pan American Silver Corp. (Bloomberg) -- Pan American Silver Corp. agreed to buy smaller producer MAG Silver Corp. in a transaction valued at about $2.1 billion, giving the bigger rival access to a major mine in Mexico. MAG shareholders will receive $500 million in cash and 0.755 ordinary shares of Pan American for each stock they own, Pan American said Monday. That values MAG shares at $20.54 based on May 9 closing prices, a 21% premium.

  • 5 days ago | news.bloombergtax.com | Sybilla Gross |Jack Ryan

    XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

  • 5 days ago | bloomberglinea.com | Sybilla Gross |Chris Ratcliffe

    Bloomberg — El oro subió el viernes, tras una semana de montaña rusa en la que se disparó casi un 6% en las dos primeras sesiones antes de retroceder gran parte de esas ganancias, a medida que el mercado digería el nuevo acuerdo comercial entre EE.UU. y el Reino Unido. El lingote superó los US$3.324 la onza y subió casi un 3% en la semana. El pacto ofrece a EE.UU.

  • 5 days ago | news.bloomberglaw.com | Sybilla Gross

    Gold rose Friday — after a roller-coaster week in which it jumped almost 6% in the first two sessions before retracing much of those gains — as the market digested the new US-UK trade deal. Bullion traded above $3,324 an ounce, and was up almost 3% for the week. The pact gives the US better market access and a faster customs process for exports to Britain, while the UK will see limited relief on autos, steel and aluminum tariffs.

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