When the Newmont merging deal with Goldcorp in 2019 (US$10 Billion) was announced, investment bankers recognised approx US$350 million in synergies.
Team at Newmont recognised approx US$1 Billion instead.
Newmont will exceed to the upside again in my opinion with the Newcrest transaction.
Above is not investment advice and my opinion only.
Ann: Update - Dividend/Distribution - NEM, page-27
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