Announced

Northern Star Resources to merge with Saracen Mineral in a $12bn deal.

Synopsis

Northern Star Resources, an Australian gold producer, agreed to merge with Saracen Mineral, a gold growth company with three mines on the doorstep of Kalgoorlie, in a $12bn deal. Upon implementation of the scheme, Northern Star shareholders will own 64% of the combined entity and Saracen shareholders will own the remaining 36%. “This is one of the most logical and strategic M&A transactions the mining industry has seen. The savings, the synergies and the growth opportunities it will generate make the transaction extremely compelling. In short, it is a unique opportunity for Saracen shareholders unlikely to be replicated via any other avenue,” Raleigh Finlayson, Saracen Mineral Managing Director.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US