Canada's Dundee Precious to buy UK's Adriatic Metals in $1.25 billion deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 13 2025
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Source: Reuters
Dundee Precious Metals Acquires Adriatic Metals: Canada's Dundee Precious Metals is set to acquire UK-based Adriatic Metals in a cash-and-stock deal valued at $1.25 billion, offering a 50.5% premium on Adriatic's share price prior to the announcement.
Impact on Company Structure: Following the acquisition, Dundee will gain full ownership of Adriatic’s Vares silver project, with significant changes in leadership as Adriatic's CEO and CFO will step down, and its UK office will be closed.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
