NCM 0.00% $23.35 newcrest mining limited

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

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    (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))

 
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