Newcrest Gets Sweetened Takeover Proposal From Newmont
06 February 2023 - 10:23AM
Dow Jones News
By Rhiannon Hoyle
Newcrest Mining Ltd. said Monday it has received a conditional
and non-binding indicative takeover proposal from Newmont Corp.
The Australia-listed gold miner said Newmont on Sunday proposed
acquiring Newcrest in a deal that would give shareholders 0.380
Newmont shares for each Newcrest share held.
Newcrest said it rejected an earlier proposal from Newmont to
buy the company for 0.363 Newmont shares for each Newcrest
share.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
February 05, 2023 18:08 ET (23:08 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Newcrest Mining (ASX:NCM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Newcrest Mining (ASX:NCM)
Historical Stock Chart
From Apr 2023 to Apr 2024
