Hudbay Minerals to Acquire Arizona Sonoran Copper Co. in All-Stock Deal
March 2, 2026
Hudbay Minerals Inc. has signed a deal to acquire Arizona Sonoran Copper Co. Inc. in an all-stock transaction valued at about US$1.48 billion. Hudbay will pay 0.242 of a Hudbay share for each Arizona Sonoran share it does not already own, combining Arizona Sonoran’s Cactus project with Hudbay’s existing Arizona assets.
- Buyers
- Hudbay Minerals Inc.
- Targets
- Arizona Sonoran Copper Co. Inc.
- Industry
- Energy
- Location
- Canada
- Transaction Type
- Buyout
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