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February 23, 2026
Allied Gold to Be Acquired by Zijin Gold for $4 Billion
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AI-made summary
- • Allied Gold Corporation, a Canadian gold producer, is being acquired by Zijin Gold International Company Limited for approximately $4 billion (C$5.5 billion). • The acquisition is structured as an all-cash transaction and is expected to close by late April, pending customary closing conditions. • Paul, Weiss is advising Allied Gold, with a team led by corporate partners Adam Givertz and Christian Kurtz, among others.
Paul, Weiss is advising Allied Gold Corporation, a Canadian-based gold producer, in its all-cash acquisition by Hong Kong-based Zijin Gold International Company Limited for an equity value of approximately $4 billion (C$5.5 billion). The deal is expected to close by late April, subject to customary closing conditions.
The Paul, Weiss team is led by corporate partners Adam Givertz and Christian Kurtz, and includes partner Christopher Cummings and counsel Jack Sun; antitrust partner Annie Herdman and counsel John Magruder; and litigation partners Roberto Gonzalez and Nathan Mitchell.
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