SAR saracen mineral holdings limited
Add to My Watchlist 0.00% ! $4.69

Oct 6 (Reuters) - Gold miner Northern Star Resources (NST) on...

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    06/10/20
    09:20
    Post #: 47871881

    Oct 6 (Reuters) - Gold miner Northern Star Resources (NST) on Tuesday offered to buy smaller peer Saracen Mineral Holdings (SAR) in a A$5.76 billion ($4.14 billion) deal.

    Saracen shareholders would receive 0.3763 new fully paid ordinary shares in Northern Star for each share held and a special dividend of 3.80 Australian cents per share.

    Northern Star will own 64% of the combined entity and Saracen will own the remaining 36%, the companies said in a joint statement.

    ($1 = 1.3924 Australian dollars)

    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.