Northern Star rejects Gold Fields’ $27B takeover proposal (NESRF:OTCMKTS)

Northern Star Resources (NESRF) said Sunday it rejected a cash-and-shares takeover approach from Gold Fields (GFI) valuing the Australian gold miner at A$38.7B (~US$27.1B).

Gold Fields (GFI) proposed acquiring 100% of Northern Star (NESRF) through a combination