Northern Star shares pop as Australian gold miner rejects $27 billion takeover proposal
Posted by MarketsWire
Northern Star shares jumped more than 9% after the company rejected Gold Fields’ $27 billion takeover proposal, showing how takeover news can quickly affect a share price. Retail investors may need to consider whether the market reaction changes their view of Northern Star’s value or the possible impact of future proposals. How do you usually assess your holdings when a takeover offer is rejected?