Scheme Completed
Gold Fields acquisition of Gold Road
A$3.7bn equity value
Announced 5 May 2025 · ASX: GOR · A$3.29 cash per share · 43% premium
Advisers
Gold Road
Target
- Financial adviser
- Legal adviser
- Independent expert
- Tax adviser
- PwC
(as PricewaterhouseCoopers) - Independent Technical Specialist
Gold Fields
Acquirer
Not disclosed
- Target
- Gold Road
- Acquirer
- Gold Fields
- Structure
- Scheme of arrangement
- Completed
- 26 Sep 2025
- Sector
- Gold and silver
In the league tables
- M&A financial advisers, Calendar 2025 Goldman Sachs #2 · Gresham #9
- M&A financial advisers, completed, Calendar 2025 Goldman Sachs #1 · Gresham #8
- M&A legal advisers, Calendar 2025 Corrs Chambers Westgarth #11
- M&A legal advisers, completed, Calendar 2025 Corrs Chambers Westgarth #9
- Independent experts, Calendar 2025 Deloitte #3
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- Perseus Mining acquisition of Predictive Discovery Dec 2025 · A$2.1bn · Gold and silver
- Dundee Precious Metals acquisition of Adriatic Metals Jun 2025 · A$2bn · Gold and silver
- Alkane Resources and Mandalay Resources merger Apr 2025 · A$1bn · Gold and silver
Sources
- Gresham transactions list (entries 1) gresham.au
- 5 May 2025 Scheme Implementation Deed entered into with Gold Fields ASX
- 6 May 2025 Corrs advises Gold Road on proposed A$3.7 billion acquisition by Gold Fields corrs.com.au
- 6 May 2025 Gold Fields to Acquire Gold Road Resources in A$3.7 Billion Deal globallegalchronicle.com
- 7 May 2025 Corrs counsels Gold Road Resources Limited on $3.7bn pitched pickup by Gold Fields Limited thelawyermag.com
- 15 Aug 2025 Scheme Booklet Registered with ASIC ASX
- 26 Sep 2025 Scheme Becomes Effective ASX