Australia's FIRB approves Gold Road-Gold Fields deal
The Australian Foreign Investment Review Board (FIRB) has approved South Africa-based miner Gold Fields' A$3.7-billion acquisition of the Australian mining company Gold Road Resources. The FIRB approval satisfies a key condition of the transaction announced earlier this month, under which Gold Fields will acquire all outstanding shares in Gold Road through a scheme of arrangement.
The Australian Foreign Investment Review Board (FIRB) has approved South Africa-based miner Gold Fields' A$3.7-billion acquisition of the Australian mining company Gold Road Resources.
The FIRB approval satisfies a key condition of the transaction announced earlier this month, under which Gold Fields will acquire all outstanding shares in Gold Road through a scheme of arrangement.
