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MELBOURNE, Sept 28 (Reuters) – Australia’s top gold producer Northern Star Resources said it rejected an unsolicited A$38.7 billion ($27.1 billion) takeover proposal from South Africa’s Gold Fields, the latest sign of consolidation pressure in the gold sector. A successful bid for Northern Star would create the…
Investing.com -- Gold Fields Ltd (NYSE:GFI) is considering adding a cash component to its takeover proposal for Australia’s Northern Star Resources Ltd (ASX:NST), according to people familiar with the matter who spoke to Bloomberg, as the South African producer attempts to salvage a transaction that would create the…
Gold Fields’ rejected offer intensifies pressure on Northern Star as Elliott pushes the Australian miner to explore a sale.