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clock Created with Sketch. 26/03/25
09:26
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Originally posted by panda9:
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I believe there is potential for NST to make a higher scrip TO offer for GOR as it would allow them to control GOR's 18% holding in DEG and prevent it from falling into a potential competitor's hands. Prior to a TO NST would need to negotiate for Goldfields to acquire GOR's 50% of Gruyere for say $2.8bn cash (Goldfields previous offer was $2.5bn).
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As a holder of both DEG and GOR this wouldn't upset me.
(20min delay)