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SYDNEY (Reuters) -Newcrest Mining shareholders have voted strongly in favour of accepting the A$26.2 billion ($16.81 billion) buyout bid from global gold mining giant Newmont Corporation,...
Recommended Share-For-Share Transaction. Newmont to acquire all outstanding Newcrest equity at an exchange ratio of 0.400X of a Newmont share (or 0.400 Newmont CDIs) for each Newcrest share. Newcrest to fund and pay to its shareholders a special dividend of up to USD$1.10 per Newcrest share.
On November 6, Newmont announced the competition of its acquisition of Newcrest Mining Limited, strengthening its position as the industry leader in sustainable gold production while increasing its production of copper, a critical mineral for the new energy economy.
Denver-based Newmont closed its roughly $15-billion acquisition of Newcrest Mining on Monday, ending a nearly year-long effort to buy the Australian gold miner.
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced it has completed the acquisition of Newcrest Mining Limited to create the world's leading gold company with robust...
The board of Australia's Newcrest Mining has unanimously backed a A$29bn (US$19bn) takeover offer by its US rival Newmont, paving the way for the world's largest gold miner to strengthen its grip...
Newmont's acquisition of Newcrest Mining Limited marks a historic milestone in establishing the world's leading gold and copper company, with 17 operations across nine countries. This transaction has expanded Newmont's industry-leading portfolio in the most favorable mining jurisdictions – now including more than half of the world's ...
DENVER-- (BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced it has completed the acquisition of Newcrest Mining Limited to create the world's leading gold company with robust copper production. This press release features multimedia.
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Gold giant Newmont Corp. secured a A$28.8 billion (US$19.2 billion) deal to buy Australian rival Newcrest Mining Ltd., consolidating its position as the world's biggest bullion producer with mines across the Americas, Africa, Australia and Papua New Guinea.
