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Gold Road rejects $2.1B takeover bid from Gold Fields

Cecilia Jamasmie | March 24, 2025 | 3:47 am Top Companies Africa Australia Gold 

Australia’s Gold Road Resources (ASX: GOR) has rejected a A$3.3 billion ($2.1bn) takeover bid from South Africa’s Gold Fields (JSE, NYSE: GFI), calling the offer "highly opportunistic" and saying it undervalued the company. Gold Fields said the all-cash proposal was made on March...

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