* Gold Wheaton shareholders can get cash, stock or both
* Says deal value to remain at C$830 mln
Jan 6 (Reuters) - Gold Wheaton Gold Corp GLW.TO and its suitor Franco-Nevada Corp FNV.TO amended the terms of the takeover deal, giving Gold Wheaton shareholders an option to get either cash or stock or both.
In December, Franco-Nevada, a Canadian gold royalty company, said it would buy competitor Gold Wheaton in a cash-and-share deal worth C$830 million. [ID:nN13196905]
The amended arrangement agreement provides Gold Wheaton shareholders an option to get either a cash payment of C$5.20 or 0.1556 common shares of Franco-Nevada for each share.
On Dec. 13, Franco-Nevada -- which will nearly double its exposure to the platinum group metals with the deal -- said the payment will be 40 percent in cash, or C$2.08 per share, and 60 percent in shares, or 0.0934 of a Franco-Nevada share.
The amended agreement also provides a similar option to Gold Wheaton warrant holders at the time of exercise.
The previous agreement provided that outstanding Gold Wheaton warrants would become exercisable into C$5.20 of consideration.
Gold Wheaton shares, which have gained 14 percent since the deal was announced in December, closed at C$4.99 on Wednesday on the Toronto Stock Exchange.
Those of Franco-Nevada, which have lost about 5 percent since the deal was announced, closed at C$31.90. (Reporting by Isheeta Sanghi in Bangalore; Editing by Don Sebastian) ((firstname.lastname@example.org; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: email@example.com))