NCM 0.00% $23.35 newcrest mining limited

Another answer from google bard:The Newmont and Newcrest Mining...

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    Another answer from google bard:

    The Newmont and Newcrest Mining deal is expected to be completed in the second half of 2023. The deal is subject to regulatory approvals and other customary closing conditions.

    Newmont and Newcrest Mining announced the deal on February 3, 2023. The deal would create the world's largest gold miner, with a market capitalization of over $100 billion. The combined company would have operations in North and South America, Africa, Australia, and Papua New Guinea.

    The deal has been met with mixed reactions from investors. Some investors have expressed concerns about the high price tag, while others have seen the deal as a way to create a more competitive gold miner.

    The deal is expected to close in the second half of 2023. Once the deal is closed, Newcrest Mining shareholders will receive 0.400 Newmont shares (or 0.400 Newmont CDI1) for each Newcrest share held. Newcrest will also fund and pay to its shareholders a franked special dividend of up to USD$1.10 per Newcrest share, conditional on the Scheme becoming effective.
 
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