Northern Star admits to takeover bids amid activist investor pressure

Under fire gold miner Northern Star Resources has admitted that its dismal share price performance sparked multiple takeover or merger approaches over the past year, and agreed with an activist investor’s criticism that it needs to lift its game.

However, the ASX’s biggest Australian-headquartered gold miner rejected the suggestion by hedge fund Elliott Investment Management that it should be sold, saying that retaining assets was the better option for shareholders.

Source: https://www.afr.com/companies/mining/northern-star-admits-to-rejected-takeover-offers-amid-elliott-pressure-20260610-p605kh