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By Melanie Burton and Sameer Manekar
MELBOURNE (Reuters) -Global gold miner Newmont Corporation has made an indicative $16.9 billion takeover offer for Australia's No. 1 goldminer Newcrest Mining Ltd., Newcrest said on Monday in a deal that would leverage both miners' operations in Australia and Canada.
The offer price implies a premium of about 21% to Newcrest's last closing value of A$22.450, where Newcrest shareholders will receive 0.380 Newmont shares per every Newcrest share.
"The Newcre...
>>> Read more: Newmont makes $16.9 billion offer for Australia's Newcrest
MELBOURNE (Reuters) -Global gold miner Newmont Corporation has made an indicative $16.9 billion takeover offer for Australia's No. 1 goldminer Newcrest Mining Ltd., Newcrest said on Monday in a deal that would leverage both miners' operations in Australia and Canada.
The offer price implies a premium of about 21% to Newcrest's last closing value of A$22.450, where Newcrest shareholders will receive 0.380 Newmont shares per every Newcrest share.
"The Newcre...
>>> Read more: Newmont makes $16.9 billion offer for Australia's Newcrest