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Feb 16 (Reuters) - Newcrest Mining said on Thursday it has rejected the $16.9 billion offer from U.S.-based Newmont Corp, saying it does not represent sufficient value for Newcrest shareholders.
"The board has considered the indicative proposal and has unanimously determined to reject the offer," Newcrest said.
Australia's No. 1 gold miner, however, said it was prepared to provide access to limited, non-public information on a non-exclusive basis to Newmont for an i...
>>> Read more: UPDATE 1-Australia's Newcrest rejects $16.9 bln bid from Newmont
Feb 16 (Reuters) - Newcrest Mining said on Thursday it has rejected the $16.9 billion offer from U.S.-based Newmont Corp, saying it does not represent sufficient value for Newcrest shareholders.
"The board has considered the indicative proposal and has unanimously determined to reject the offer," Newcrest said.
Australia's No. 1 gold miner, however, said it was prepared to provide access to limited, non-public information on a non-exclusive basis to Newmont for an i...
>>> Read more: UPDATE 1-Australia's Newcrest rejects $16.9 bln bid from Newmont