Takeover Offer for Gold Road Resources Looks Fair -- Market Talk

Dow Jones

昨天

0125 GMT - The price offered by South Africa's Gold Fields to acquire Australia's Gold Road Resources looks fair to Macquarie. The offer values Gold Road's equity at roughly A$3.7 billion, and implies an enterprise value of A$2.6 billion. The deal will see Gold Fields wholly own the Gruyère gold mine in Western Australia. Macquarie says the offer implies a gold price of A$3,878/oz, which represents a 21% premium to its forecast of long-term prices of the precious metal. "It also takes the risk out of Gold Road's execution of Gruyère's underground option, which we have included in our valuation for the first time, as well as offering a tax effective way of monetizing Gold Road's Northern Star holding, as opposed to a block sale," Macquarie says. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

May 05, 2025 21:25 ET (01:25 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2533591045"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2533591045\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2533591045?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-06 09:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2533591045","market":"us","top_or_hot":-1,"title":"Takeover Offer for Gold Road Resources Looks Fair -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0125 GMT - The price offered by South Africa's Gold Fields to acquire Australia's Gold Road Resources looks fair to <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a>. The offer values Gold Road's equity at roughly A$3.7 billion, and implies an enterprise value of A$2.6 billion. The deal will see Gold Fields wholly own the Gruyère gold mine in Western Australia. Macquarie says the offer implies a gold price of A$3,878/oz, which represents a 21% premium to its forecast of long-term prices of the precious metal. \"It also takes the risk out of Gold Road's execution of Gruyère's underground option, which we have included in our valuation for the first time, as well as offering a tax effective way of monetizing Gold Road's Northern Star holding, as opposed to a block sale,\" Macquarie says. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 21:25 ET (01:25 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Takeover Offer for Gold Road Resources Looks Fair -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTakeover Offer for Gold Road Resources Looks Fair -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-06 09:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0125 GMT - The price offered by South Africa's Gold Fields to acquire Australia's Gold Road Resources looks fair to <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a>. The offer values Gold Road's equity at roughly A$3.7 billion, and implies an enterprise value of A$2.6 billion. The deal will see Gold Fields wholly own the Gruyère gold mine in Western Australia. Macquarie says the offer implies a gold price of A$3,878/oz, which represents a 21% premium to its forecast of long-term prices of the precious metal. \"It also takes the risk out of Gold Road's execution of Gruyère's underground option, which we have included in our valuation for the first time, as well as offering a tax effective way of monetizing Gold Road's Northern Star holding, as opposed to a block sale,\" Macquarie says. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 21:25 ET (01:25 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7506","symbol_name":"金矿股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533591045","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533591045","pubTimestamp":1746494700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0125 GMT - The price offered by South Africa's Gold Fields to acquire Australia's Gold Road Resources looks fair to Macquarie. The offer values Gold Road's equity at roughly A$3.7 billion, and implies an enterprise value of A$2.6 billion. The deal will see Gold Fields wholly own the Gruyère gold mine in Western Australia. Macquarie says the offer implies a gold price of A$3,878/oz, which represents a 21% premium to its forecast of long-term prices of the precious metal. \"It also takes the risk out of Gold Road's execution of Gruyère's underground option, which we have included in our valuation for the first time, as well as offering a tax effective way of monetizing Gold Road's Northern Star holding, as opposed to a block sale,\" Macquarie says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7506":"金矿股","GOR.AU":"GOLD ROAD RESOURCES LTD","BK7104":"黄金"},"translate_title":"Gold Road Resources的收购要约看起来很公平——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GOR.AU":0.9},"content_text":"0125 GMT - The price offered by South Africa's Gold Fields to acquire Australia's Gold Road Resources looks fair to Macquarie. The offer values Gold Road's equity at roughly A$3.7 billion, and implies an enterprise value of A$2.6 billion. The deal will see Gold Fields wholly own the Gruyère gold mine in Western Australia. Macquarie says the offer implies a gold price of A$3,878/oz, which represents a 21% premium to its forecast of long-term prices of the precious metal. \"It also takes the risk out of Gold Road's execution of Gruyère's underground option, which we have included in our valuation for the first time, as well as offering a tax effective way of monetizing Gold Road's Northern Star holding, as opposed to a block sale,\" Macquarie says. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 05, 2025 21:25 ET (01:25 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}