Genesis Minerals, Vault Minerals Agree to AU$12.6 Billion Merger After Genesis Outbids Regis
() -- Australian gold producers Genesis Minerals (ASX:GMD) and Vault Minerals (ASX:VAU) have agreed to merge, creating Australia's third-largest gold producer with a pro-forma market capitalization of AU$12.6 billion, the companies announced Tuesday. Under the scheme of arrangement, Vault shareholders will receive 0.76