Cross-Border M&A

The Financial Times reports that Australia’s largest gold miner Northern Star Resources has rejected a 27 billion dollar takeover bid, sending its shares sharply higher on the ASX. The decision is widely viewed as a defining moment in global gold mining M&A and will shape the next phase of worldwide gold consolidation.

China’s NDRC has formally blocked Meta’s $2 billion acquisition of Manus, an agentic AI startup founded by Chinese engineers that relocated to Singapore.