Northern Star to acquire Saracen Mineral Holdings in $16B merger

Northern Star Resources will acquire 100% of Saracen Mineral Holdings in a merger valued at $16 billion, creating a top-10 global gold company. The merger consolidates ownership of the Kalgoorlie Super Pit under a single operator.

“This is a significant value-creating merger and acquisition.”stockhead.com.au

• 2 sources
• stockhead.com.auNorthern Star and Saracen merger could ignite gold takeovers | StockheadMike CooperOct 6, 2020
• australianmining.com.auIs Aussie M&A set to rise? - Australian MiningSalomae HaselgroveNov 19, 2020

Summarized from public sources; check the original articles before acting on it.