Northern Star rejects unsolicited Gold Fields indicative proposal
Gold Fields offered 0.3125 Gold Fields shares and A$7.25 cash per Northern Star share. Northern Star told Gold Fields on Sept. 25 it would not engage further.
Sept 28 Northern Star Resources Ltd said it has rejected an unsolicited conditional non-binding indicative proposal from Gold Fields. 25 in cash for each Northern Star share, and the company told Gold Fields on Sept 25 that it would not engage further on the proposal. 1 billion equity value. 7 billion equity value.
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