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Gold Fields CEO Chris Griffith to shareholders - Hang in there; Mr Market's reaction to $6.7bn Yamana deal is all wrong

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Shareholders were unimpressed by the proposed $6.7bn price which SA's Gold Fields Limited has agreed on to buy Canadian peer Yamana Gold. The acquiring company's share price dropped 22% on the news and shows little signs of recovering, But Gold Fields CEO Chris Griffith believes Mr Market has this one wrong - and in this podcast with BizNews founder Alec Hogg, shares the message he has been sharing during face-to-face discussions in his US roadshow. The message: hang in there - once the analysts fully digest what this deal actually means, they'll be a lot more positive. Learn more about your ad choices. Visit megaphone.fm/adchoices
1 Jun 2022 9AM English South Africa Investing · Business News

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