Gold Fields offers Northern Star shareholders 0.3125 shares plus A$7.25 cash per share in takeover proposal
Bitget2026/09/28 05:05- Gold Fields submitted a non-binding proposal on Sept. 13, 2026 to acquire 100% of Northern Star via a scheme of arrangement.
- Offer terms: 0.3125 Gold Fields shares and A$ 7.25 cash per Northern Star share, implying A$ 27.00 per share.
- Northern Star’s board declined further engagement in a Sept. 24, 2026 response, citing timing as inappropriate.
- Mix-and-match elections proposed, capped at A$ 10.4 billion cash and 447 million new Gold Fields shares.
- Gold Fields estimates post-tax synergies at US$ 4-5 billion, with at least US$ 4 billion targeted from asset disposals.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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