Gold Fields’ proposed acquisition of Gold Road Resources for A$3.05 per share has been rejected | The offer aimed to consolidate Gold Fields’ ownership of the Gruyere gold mine in Western Australia & valued Gold Road at A$3.3bn | Gold Road countered with an alternative offer to buy Gold Fields’ 50% stake in Gruyere, which Gold Fields declined | Gold Fields says it remains committed to engaging Gold Road’s Board.
Click here to read the SENS