Gold Fields CEO: offering cash on Osisko Mining deal helped beat competition

Osisko Mining

12/08/2024 07:36

JOHANNESBURG, Aug 12 (Reuters) - Gold Fields  GFIJ.J 
Chief Executive Mike Fraser said on Monday that offering cash
for the South African miner's deal to buy Osisko Mining  OSK.TO 
had helped it beat competitors to the acquisition.
    Fraser also told Reuters in a telephone interview that
buying the Canadian miner for cash would avoid share dilution.

 (Reporting by Felix Njini
Editing by Alexander Winning)
 ((alexander.winning@tr.com))