M&A and Deals

Takeovers, spin-offs, IPOs and the deal flow that reprices whole sectors.

61 report(s) in the archive

Northern Star rejects $27 billion Gold Fields bid, shares hit one-month high

The Perth-based miner called the approach opportunistic; investors pushed the stock higher instead of lower, a sign they think a sweetened offer could follow.

Northern Star Resources turned down a $27 billion takeover approach from South Africa's Gold Fields, and its shares rose to a one-month high rather than falling on the rejected deal.

BREAKING STORYBULLISH

OpenAI Security Breach Adds Pressure Ahead of SoftBank's $50 Billion Data-Centre IPO

Researchers used rival Anthropic's models to hack into OpenAI's systems, a disclosure that lands just as SoftBank prepares to test investor appetite for its AI infrastructure bet.

A security firm breached OpenAI using tools built on Anthropic's models, a disclosure that surfaced as SoftBank's SB Energy prepares a $50 billion data-centre listing tied to Masayoshi Son's AI strategy.

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