Newmont's $16.7 bln Newcrest deal gets all regulatory nods; nears shareholder vote
Posted: Fri Oct 06, 2023 6:18 am
Australian gold miner Newcrest Mining (NCM.AX) said on Friday Newmont Corporation (NEM.N), its suitor for a proposed A$26.2 billion ($16.68 billion) buyout, had received all government regulatory approvals required for the deal to go through.
The deal still awaits the crucial Newcrest shareholder vote, scheduled for Oct. 13.
"The approvals include ones from the Australian Foreign Investment Review Board and competition authorities in Australia, Canada and Papua New Guinea," Newcrest said in a statement.
https://www.reuters.com/markets/deals/n ... 023-10-06/
https://www.newcrest.com/sites/default/ ... elease.pdf
The deal still awaits the crucial Newcrest shareholder vote, scheduled for Oct. 13.
"The approvals include ones from the Australian Foreign Investment Review Board and competition authorities in Australia, Canada and Papua New Guinea," Newcrest said in a statement.
https://www.reuters.com/markets/deals/n ... 023-10-06/
https://www.newcrest.com/sites/default/ ... elease.pdf