Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
2 results loaded, newest first. End of these results.
By Rhiannon HoyleNorthern Star Resources rejected a takeover proposal from Gold Fields that valued its equity at around US$27.2 billion, saying it was highly opportunistic and materially undervalued the company.The bid came as Australia's Northern Star faces mounting pressure from activist investor…
Northern Star said Gold Fields' unsolicited offer valued the Australian miner at A$38.7 billion and implied A$27.00 per share on September 14. The company said the revised A$25.19 per share consideration and deal conditions undervalued its portfolio and carried higher jurisdictional risk.