annb0t
Top 20
(Reuters) - Gold miner Newmont Corp said on Monday it has received clearance from Australia's competition regulator to proceed with its proposed A$26.2 billion ($16.80 billion) takeover of Newcrest Mining.
If the deal goes through, Newcrest shareholders would receive 0.400 Newmont share for each share, with an implied value of A$29.27 a share.
Newcrest in mid-May said it would back the takeover offer in what would be the third-largest deal ever involving an Australian company.
"The ACCC has a...
>>> Read more: Newmont gets Aussie regulatory nod for $16.8 billion Newcrest deal
If the deal goes through, Newcrest shareholders would receive 0.400 Newmont share for each share, with an implied value of A$29.27 a share.
Newcrest in mid-May said it would back the takeover offer in what would be the third-largest deal ever involving an Australian company.
"The ACCC has a...
>>> Read more: Newmont gets Aussie regulatory nod for $16.8 billion Newcrest deal
