- Gold Fields made a rejected takeover proposal for Northern Star.
- RBC values the bid at 8.7x EV/Ebitda on FY27 estimates.
RBC Capital Markets says Gold Fields' rejected takeover proposal for Northern Star values the miner at 8.7x EV/Ebitda, a 16% premium to Evolution Mining and 48% above its ASX gold coverage. Northern Star shares rose 8.5% to A$23.98.
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