Gold Fields to buy Canadian miner Osisko in $1.57bn cash deal

In:

Metals and Mining

Region:

Middle East & Africa, Americas

Gold Fields is buying Osisko Mining for C$2.16 billion (about $1.57 billion) in a cash deal that will help the South African producer expand its presence in the Americas region.The Johannesburg-based gold producer would pay the Canadian miner C$4.90 per share, offering a 55% premium to Osisko's...

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