Genesis Minerals and Vault Minerals agree to $12.6 billion merger
PERTH: Genesis Minerals Ltd. and Vault Minerals Ltd. announced Tuesday they have entered into a binding agreement to merge, creating Australia’s third-largest gold producer in a deal valued at approximately $12.6 billion. The merger comes after rival bidder Regis Resources Ltd. withdrew from the contest, concluding the terms required to match Genesis’ offer did not meet its…