NCM News: UPDATE 3-Newcrest dismisses Newmont offer, opens books as profit beats expectations - 16th Feb 2023, 9:11am

annb0t

Top 20
(Adds CEO comment in paragraphs 3 and 4)

By Melanie Burton and Roushni Nair

MELBOURNE, Feb 16 (Reuters) - Australia's Newcrest Mining Ltd on Thursday rebuffed Newmont Corp's $16.9 billion takeover bid, but left the door open for a better offer as it logged profit that surged past analyst expectations and paid out a special dividend.

Newcrest said its board had unanimously determined to reject the offer which it said did not offer sufficient value to shareholders, but said it would open its bo...

>>> Read more: UPDATE 3-Newcrest dismisses Newmont offer, opens books as profit beats expectations
 
Top Bottom