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Oct 06, 2020

Australian gold miners in $16b merger

Australian gold miners in $16b merger

Saracen and Northern Star have agreed to merge into a $16 billion company which will rank among the Top 10 global gold producers. The merger-of-equals agreement will be implemented via a scheme of arrangement under which Northern Star will acquire 100 per cent of the fully paid ordinary shares in Saracen. “The benefits which will…

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