NCM newcrest mining limited

News: NCM UPDATE 1-Australian gold miner Newcrest gets $16.9 bln buyout offer from Newmont Corp

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    (Updates with deal value, company comment)

    Feb 6 (Reuters) - Australia's No. 1 gold miner Newcrest Mining Ltd (NCM) on Monday said it received a non-binding all-stock takeover offer implying an equity value of $16.93 billion from U.S.-based gold miner Newmont Corporation NEM.N .

    Under the indicative offer, Newcrest shareholders will receive 0.380 Newmont shares per every Newcrest share.

    "The Newcrest board, together with its financial and legal advisers, is considering the indicative proposal," the Australian gold miner said. (([email protected]; Twitter: https://twitter.com/sameer_manekar))

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.