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Northern Star Rejects Gold Fields' A$38.7 Bln Takeover Approach As Undervalued

(RTTNews) - Northern Star Resources Ltd (NST.AX) announced that it has rejected an unsolicited, non-binding takeover proposal from Gold Fields (GFI,GFI.JO), concluding that the offer materially undervalued the company and exposed shareholders to additional risks.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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