Newmont shares slip after miner boosts Newcrest offer to nearly $20 billion

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Newmont shares slip after miner boosts Newcrest offer to nearly $20 billion
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Newmont shares slipped 2% in premarket trade after saying it’s increased its non-binding indicative offer for Newcrest Mining The offer is 0.4 Newmont...

Newmont shares NEM slipped 2% in premarket trade after saying it’s increased its non-binding indicative offer for Newcrest Mining AU:NCM. The offer is 0.4 Newmont shares, plus it would allow Newcrest to pay a special dividend of $1.10 per share, that Newcrest says in total is worth A$32.87 per share, or A$29.4 billion . Newcrest agreed to give Newmont confirmatory due diligence, that Newmont expects to complete within four weeks.

... Newmont shares NEM slipped 2% in premarket trade after saying it’s increased its non-binding indicative offer for Newcrest Mining NCM . The offer is 0.4 Newmont shares, plus it would allow Newcrest to pay a special dividend of $1.10 per share, that Newcrest says in total is worth A$32.87 per share, or A$29.4 billion . Newcrest agreed to give Newmont confirmatory due diligence, that Newmont expects to complete within four weeks.

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