{"id":9338,"date":"2023-05-16T06:45:40","date_gmt":"2023-05-16T10:45:40","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/newmont-to-acquire-australian-gold-miner-newcrest\/"},"modified":"2023-05-16T06:45:40","modified_gmt":"2023-05-16T10:45:40","slug":"newmont-to-acquire-australian-gold-miner-newcrest","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=9338","title":{"rendered":"Newmont to acquire Australian gold miner Newcrest"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">Newmont (NEM) to acquire Australian gold miner Newcrest (NCMGY)<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>Newmont Corporation (NYSE:) announced the agreement to acquire Australia-based gold-mining company Newcrest (OTC:).<\/p>\n<p>Newcrest shareholders will receive 0.4 Newmont shares for each Newcrest share and a special dividend of up to $1.10 per share paid by Newcrest.<\/p>\n<p>The deal \u201cfurther strengthens Newmont\u2019s position as the responsible gold mining leader through the combination of high-quality operations, projects and reserves concentrated in low-risk jurisdictions, including 10 Tier 1 operations that will support decades of safe, profitable and responsible gold and copper production,\u201d the company said.<\/p>\n<p>The transaction is expected to close in the fourth quarter of 2023. Newmont used BofA Securities, Centerview Partners, Lazard, and BMO Capital Markets as its financial advisers, the press release stated.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/newmont-to-acquire-australian-gold-miner-newcrest-432SI-3082418\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newmont (NEM) to acquire Australian gold miner Newcrest (NCMGY) Newmont Corporation (NYSE:) announced the agreement to acquire Australia-based gold-mining company Newcrest (OTC:). Newcrest shareholders will receive 0.4 Newmont shares for each Newcrest share and a special dividend of up to $1.10 per share paid by Newcrest. The deal \u201cfurther strengthens Newmont\u2019s position as the responsible [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-9338","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Newmont to acquire Australian gold miner Newcrest | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Newmont (NEM) to acquire Australian gold miner Newcrest (NCMGY) Newmont Corporation (NYSE:) announced the agreement to acquire Australia-based gold-mining\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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