UPDATE 1-minutes ago by Thomson Reuters(Follows alerts)
Jan 23 (Reuters) - Pan American Silver Corp said it will buy Canadian precious metals miner Minefinders Corp Ltd in a deal valued at about C$1.5 billion ($1.48 billion).
The offer of C$15.60 per share, represents a premium of 36 percent to Minefinders' Friday closing on the Toronto Stock Exchange. ($1 = 1.0141 Canadian dollars) (Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Sriraj Kalluvila)