Gold Road Rejects Takeover Offer
This is a South Africa news story, published by Yahoo Finance, that relates primarily to Gold Fields news.
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Gold Road shareholdersGlobalData
•World
World
Gold Road rejects Gold Fields’ takeover bid

72% Informative
South Africa -based Gold Fields sought to acquire all shares of Gold Road for A$ 2.27 ($ 1.42 ) per share plus additional cash related to Gold Road's interest in De Grey Mining .
Board unanimously agreed that the offer undervalued the company and was “highly opportunistic” Board engaged with Gold Fields but found offer unsatisfactory.
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