News: NCM Australian gold miner Newcrest gets initial buyout offer from Newmont Corp

Feb 6 (Reuters) - Australia's no. 1 gold miner Newcrest Mining Ltd (NCM) on Monday said it received a non-binding takeover offer from U.S.-based gold miner Newmont Corporation NEM.N .

Under the indicative offer, Newcrest shareholders will be entitled to receive 0.380 Newmont shares for each Newcrest share held, the Australian company said. (([email protected]; Twitter: https://twitter.com/sameer_manekar))