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Gold Fields Says Gold Road Rejected $2.1 Billion Takeover Offer [Yahoo! Finance Canada]

Gold Fields Limited American Depositary Shares (GFI) 
US:NYSE Investor Relations: goldfields.com/investors.php
Most Read from Bloomberg Johannesburg-based Gold Fields said Monday it put forward a non-binding proposal to buy the Perth-based company for A$3.05 a share in cash on March 7, valuing its equity at A$3.3 billion and implying a total enterprise value of A$2.4 billion. Gold Roads' board rejected the offer, it said. Gold Roads didn't immediately reply to a request for comment. The acquisition would consolidate Gold Fields' ownership of the joint-venture Gruyere mine it operates in Western Australia, in which Gold Road holds a non-operating interest, the South African company said. Gold Road put forward an alternative proposal to buy out Gold Fields' stake at the joint venture operation, which it in turn rejected. Most Read from Bloomberg Businessweek ©2025 Bloomberg L.P. Recommended Stories Show less Read more
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