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Gold Fields to buy Canada's Yamana Gold in $6.7bln deal

Gold Fields said its shareholders will own about 61% of the combined group.
Gold Fields said its shareholders will own about 61% of the combined group.
Image: Dado Ruvic

Gold Fields Ltd on Tuesday agreed to buy Canada-based precious metals miner Yamana Gold Inc in an all-share deal valuing the Toronto-listed company at $6.7bln.

Gold Fields said its shareholders will own about 61% of the combined group, while Yamana Gold shareholders will own about 39% after the deal completes. 

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