Australia's Regis and Vault to merge, creating $7.7 billion gold producer
05/05/2026 24:02
May 5 (Reuters) - Australian gold producers Regis Resources RRL.AX and Vault Minerals VAU.AX on Tuesday agreed to merge in an all-scrip deal to create a combined entity valued at around A$10.7 billion($7.67 billion). Under the proposal, Regis will acquire all shares in Vault by offering 0.6947 Regis shares for each Vault share, implying a deal value of A$5.15 billion, according to a joint statement. ($1 = 1.3953 Australian dollars) (Reporting by Nikita Maria Jino in Bengaluru; Editing by Sahal Muhammed) ((Nikita.Jino@thomsonreuters.com;))
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