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PIC Acquires Major Stake in Gold Fields

PIC Acquires Major Stake in Gold Fields

Gold Fields (GFI) has released an update.

Gold Fields Limited has announced that the Public Investment Corporation (PIC) has increased its stake in the company to over 20%, becoming a significant shareholder. This acquisition by PIC now represents a major interest in Gold Fields’ issued ordinary shares, reflecting a noteworthy shift in ownership. The company has fulfilled all regulatory requirements by notifying the Takeover Regulation Panel of this development.

For further insights into GFI stock, check out TipRanks’ Stock Analysis page.

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