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Northern Star Rejects Gold Fields' $38.7 Billion Takeover Approach
8:21am on Monday 28th of September, 2026 AEST
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Mining
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Northern Star Rejects Gold Fields' $38.7 Billion Takeover Approach
8:21am on Monday 28th of September, 2026 AEST
Key Points
Gold Fields proposed 0.3125 shares plus A$7.25 cash for each Northern Star share
Initial implied equity value of A$38.7 billion
Proposal value fell to A$25.19 per Northern Star share by 25 September
Northern Star cited valuation, jurisdictional risk and completion conditions
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