Newmont (NEM) to acquire Newcrest
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Newmont Enters into Definitive Agreement to Acquire Newcrest
May 14, 2023 6:12 PM EDTSetting the Standard for Safe, Profitable and Responsible Gold and Copper Production from a World-Class Portfolio of Top-Tier Operations
Newmont has agreed to acquire Newcrest by way of an Australian Scheme of Arrangement (Scheme), under which Newmont will acquire 100 percent of the issued shares in Newcrest Mining Limited (Newcrest) Newcrest shareholders to receive 0.400 Newmont shares (or 0.400 Newmont CDI1) for each Newcrest share and a special dividend of up to $1.10 per share paid by Newcrest, representing a 30.4 percent premium2 Further strengthens Newmonts position as the responsible gold mining leader through the combination of... More