Off The Wire
Newmont shareholders OK $10 bln Goldcorp takeover, creating biggest gold producer
TORONTO, April 11 (Reuters) - Newmont Mining shareholders supported the company’s $10 billion takeover of Goldcorp Inc on Thursday, creating the world’s biggest gold producer with assets across the Americas, Africa and Australia.
About 98 percent of votes at a special meeting supported Newmont’s proposal to issue new stock to fund its takeover of Goldcorp, the Denver-based company said in an e-mailed statement. Toronto-based Goldcorp’s investors voted to approve the acquisition last week. (Reporting By Nichola Saminather Editing by Chizu Nomiyama)