Regis Walking Away from Vault 'an Unsurprising Outcome'

Dow Jones

Jul 13

2329 GMT - Regis Resources's decision to abandon its takeover campaign for Vault Minerals after Genesis Minerals gatecrashed the deal doesn't shock Ord Minnett analyst Paul Kaner. He says it's "an unsurprising outcome here considering the synergies (A$1.5 billion-A$2 billion) between Genesis and Vault which made it hard for Regis to compete on price." Ord Minnett thinks a combination of Genesis and Vault makes strategic sense. Regis says it's owed a break fee of roughly A$50.7 million. Ord Minnett has buy calls on Vault and Genesis, with price targets of A$6.60/share and A$7.00/share, respectively. Vault ended last week at A$4.87. Genesis closed Friday at A$5.67. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

July 12, 2026 19:29 ET (23:29 GMT)

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He says it's \"an unsurprising outcome here considering the synergies (A$1.5 billion-A$2 billion) between Genesis and Vault which made it hard for Regis to compete on price.\" Ord Minnett thinks a combination of Genesis and Vault makes strategic sense. Regis says it's owed a break fee of roughly A$50.7 million. Ord Minnett has buy calls on Vault and Genesis, with price targets of A$6.60/share and A$7.00/share, respectively. Vault ended last week at A$4.87. Genesis closed Friday at A$5.67. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 12, 2026 19:29 ET (23:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Regis Walking Away from Vault 'an Unsurprising Outcome'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRegis Walking Away from Vault 'an Unsurprising Outcome'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-13 07:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2329 GMT - Regis Resources's decision to abandon its takeover campaign for Vault Minerals after Genesis Minerals gatecrashed the deal doesn't shock Ord Minnett analyst Paul Kaner. He says it's \"an unsurprising outcome here considering the synergies (A$1.5 billion-A$2 billion) between Genesis and Vault which made it hard for Regis to compete on price.\" Ord Minnett thinks a combination of Genesis and Vault makes strategic sense. Regis says it's owed a break fee of roughly A$50.7 million. Ord Minnett has buy calls on Vault and Genesis, with price targets of A$6.60/share and A$7.00/share, respectively. Vault ended last week at A$4.87. Genesis closed Friday at A$5.67. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 12, 2026 19:29 ET (23:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RRL.AU","symbol_name":"REGIS RESOURCES LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651618021","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651618021","pubTimestamp":1783898940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2329 GMT - Regis Resources's decision to abandon its takeover campaign for Vault Minerals after Genesis Minerals gatecrashed the deal doesn't shock Ord Minnett analyst Paul Kaner. He says it's \"an unsurprising outcome here considering the synergies  between Genesis and Vault which made it hard for Regis to compete on price.\" Ord Minnett thinks a combination of Genesis and Vault makes strategic sense. Regis says it's owed a break fee of roughly A$50.7 million. Ord Minnett has buy calls on Vault and Genesis, with price targets of A$6.60/share and A$7.00/share, respectively. Vault ended last week at A$4.87. Genesis closed Friday at A$5.67.  Dow Jones NewswiresJuly 12, 2026 19:29 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RRL.AU":"REGIS RESOURCES LTD","VAU.AU":"Vault Minerals Ltd","BK4192":"特殊消费者服务","RGS":"Regis Corp","BK7104":"黄金","GMD.AU":"Genesis Minerals Ltd"},"translate_title":"里吉斯离开金库“一个不足为奇的结果”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VAU.AU":0.9,"RGS":1.5,"GMD.AU":0.9,"RRL.AU":0.9},"content_text":"2329 GMT - Regis Resources's decision to abandon its takeover campaign for Vault Minerals after Genesis Minerals gatecrashed the deal doesn't shock Ord Minnett analyst Paul Kaner. He says it's \"an unsurprising outcome here considering the synergies (A$1.5 billion-A$2 billion) between Genesis and Vault which made it hard for Regis to compete on price.\" Ord Minnett thinks a combination of Genesis and Vault makes strategic sense. Regis says it's owed a break fee of roughly A$50.7 million. Ord Minnett has buy calls on Vault and Genesis, with price targets of A$6.60/share and A$7.00/share, respectively. Vault ended last week at A$4.87. Genesis closed Friday at A$5.67. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 12, 2026 19:29 ET (23:29 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}