Genesis trumps Regis with $3.9B takeover bid, 14% premium for Vault

Genesis Minerals (ASX: GMD) has upended Vault Minerals' (ASX: VAU) planned merger with Regis Resources (ASX: RRL), winning the target board's backing for a A$5.6 billion ($3.9 billion) cash-and-stock takeover that would create one of Australia's largest gold producers. Vault's...