This content is created by Smallcaps Authors. [Author : Imelda Cotton]
Australian company Newcrest Mining (ASX: NCM) has received a $24.5 billion conditional and non-binding indicative takeover bid from global gold producer Newmont Corporation (NYSE: NEM). The offer proposes to acquire 100% of the issued shares of Newcrest by way of a scheme of arrangement whereby investors would be entitled to receive 0.380 Newmont shares for […]
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