India, May 4 -- Gold Fields Limited (GFI) agreed to acquire Gold Road Resources Ltd (GOR.AX, ELKMF) for A$3.40 per share, valuing Gold Road's equity at about A$3.7 billion.
As per the terms of the agreement, Gold Road shareholders will receive a guaranteed cash payment of A$2.52 per share. Additionally, they will receive a variable cash amount based on the full value of their proportionate holding in Northern Star, determined by the date the Scheme becomes effective. If the Scheme had been effective on 2 May 2025, this variable component would have been valued at A$0.88 per share.The total cash consideration of A$3.40 per share, representing a 43 per cent premium to Gold Road's undisturbed closing share price on 21 March 2025.
Gold Road i...