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Home›Global Markets›Asia›Northern Star rejects Gold Fields’ $27 billion takeove…

Northern Star rejects Gold Fields’ $27 billion takeover offer

Northern Star said it rejected the proposal, and its shares rose by more than 9% after the decision.

Reported · Written up by our desk · Asia

Northern Star shares rose more than 9% after the Australian gold miner rejected a takeover proposal from Gold Fields.

CNBC Markets reported that the rejected bid was valued at $27 billion.

Latest closeGold $4,147.50 ▼4.0%

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Sources

CNBC MarketsNorthern Star shares pop as Australian gold miner rejects $27 billion takeover proposal
CNBC WorldNorthern Star shares pop as Australian gold miner rejects $27 billion takeover proposal

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