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(Adds details on the offer, background in paragraphs 2-4)
May 15 (Reuters) - Australia's Newcrest Mining Ltd said on Monday it will recommend that its shareholders vote in favour of Newmont Corp's final takeover offer that values the gold miner at A$26.2 billion ($17.8 billion).
If the deal gets Newcrest shareholders' approval and other regulatory nods, it would lift Newmont's gold output to nearly double its nearest rival Barrick Gold Corp, further solidifying Newmont's position as the world'...
>>> Read more: UPDATE 1-Australia's Newcrest backs Newmont's $17.8 billion offer
May 15 (Reuters) - Australia's Newcrest Mining Ltd said on Monday it will recommend that its shareholders vote in favour of Newmont Corp's final takeover offer that values the gold miner at A$26.2 billion ($17.8 billion).
If the deal gets Newcrest shareholders' approval and other regulatory nods, it would lift Newmont's gold output to nearly double its nearest rival Barrick Gold Corp, further solidifying Newmont's position as the world'...
>>> Read more: UPDATE 1-Australia's Newcrest backs Newmont's $17.8 billion offer
