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Stock impact report

Newmont's takeover of Newcrest wins OK from regulators in Australia, Japan [Seeking Alpha]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Seeking Alpha
The takeover received clearance from Australia's competition regulator in August , and it won clearance last week from Japan's Fair Trade Commission. The deal still awaits a vote from Newcrest shareholders scheduled for October 13, as well as approval from regulators in the Philippines and Papua New Guinea; Newmont ( NEM ) expects to close the transaction sometime during Q4. If the takeover goes through, Newcrest ( OTCPK:NCMGF OTCPK:NCMGY ) shareholders would receive 0.4 Newmont ( NEM ) share for each share, with an implied value of A$29.27/share. Recommended For You Show less Read more
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