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By Scott Murdoch and Himanshi Akhand
(Reuters) -Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp's A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year.
If the deal gets Newcrest shareholders' approval and other regulatory approvals, it would lift Newmont's gold output to nearly double its nearest rival, Barrick Gold Corp, further solidifying Newmont's position as the world's biggest gold producer.
Under the de...
>>> Read more: Australia's Newcrest supports Newmont's $17.8 billion offer
(Reuters) -Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp's A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year.
If the deal gets Newcrest shareholders' approval and other regulatory approvals, it would lift Newmont's gold output to nearly double its nearest rival, Barrick Gold Corp, further solidifying Newmont's position as the world's biggest gold producer.
Under the de...
>>> Read more: Australia's Newcrest supports Newmont's $17.8 billion offer
