CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Australia's Northern Star Resources rejects takeover bid from South Africa's Gold Fields

By Reuters News24 hours ago Updated

Sept 28 (Reuters) - Australia's Northern Star Resources NST.AX said on Monday it rejected an unsolicited takeover proposal from South Africa's Gold Fields GFIJ.J that valued the gold miner at A$38.7 billion ($27.13 billion).

Under the deal, Northern Star shareholders would have received 0.3125 new Gold Fields shares and A$7.25 in cash for each Northern Star share.

($1 = 1.4263 Australian dollars)

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