Genesis bids A$5.6bn for Vault
Genesis Minerals has made a bid worth about A$5.6 billion ($3.9 billion) for Vault Minerals, topping an existing Regis Resources offer. The proposal comprises 0.7629 new Genesis shares plus A$0.475 in cash for each Vault share. It values Vault at A$5.274 a share, a 15.7% premium to Vault's...