NCM News: Newcrest investors approve $17 billion Newmont takeover - 13th Oct 2023, 11:46am

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By Scott Murdoch

SYDNEY (Reuters) -Newcrest Mining shareholders have voted strongly in favour to accept the A$26.2 billion ($16.81 billion) buyout bid from global mining giant Newmont Corporation, Australia's largest corporate takeover this year.

The proxy votes were 91.66% in favour of the bid, a slide shown to investors at the meeting in Melbourne showed.

A final result will become known later on Friday.

The deal needed the support of at least 75% of votes cast for it proceed.

On Wednesda...

>>> Read more: Newcrest investors approve $17 billion Newmont takeover
 
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