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By Ambar Warrick
Investing.com-- Shares of Newcrest Mining (OTC:NCMGF), Australiaâs largest gold miner, rallied sharply on Monday after the firm received a $16.9 billion takeover offer from global peer Newmont Goldcorp (NYSE:NEM), its second such approach in recent months.
Newcrestâs Australian shares (ASX:NCM) jumped 10.4% to A$24.790, their highest level in eight months. The firm said in a statement that Newmont offered 0.380 of its shares for each Newcrest share, amounting to abou...
>>> Read more: Newcrest Mining shares rally 10% on Newmont takeover offer
Investing.com-- Shares of Newcrest Mining (OTC:NCMGF), Australiaâs largest gold miner, rallied sharply on Monday after the firm received a $16.9 billion takeover offer from global peer Newmont Goldcorp (NYSE:NEM), its second such approach in recent months.
Newcrestâs Australian shares (ASX:NCM) jumped 10.4% to A$24.790, their highest level in eight months. The firm said in a statement that Newmont offered 0.380 of its shares for each Newcrest share, amounting to abou...
>>> Read more: Newcrest Mining shares rally 10% on Newmont takeover offer
