Newmont Agrees to Acquire Australia’s Newcrest for $17.5 Billion

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Newmont Agrees to Acquire Australia’s Newcrest for $17.5 Billion
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Newmont agreed to acquire Australia’s Newcrest Mining for $17.5 billion, in what would be the largest M&A deal in the gold-mining industry

Katie Klann for The Wall Street Journalfor $17.5 billion, in what would be the largest-ever M&A deal in the gold-mining industry.

Newmont is offering 0.400 of its own shares for each Newcrest share, and has allowed Newcrest to pay a special dividend of up to $1.10 a share around the time any deal completes. Those terms are in line with a

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