Australian gold miner Newcrest gets initial buyout offer from Newmont Corp

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 6 (Reuters) - Australia's no. 1 gold miner Newcrest Mining Ltd on Monday said it received a non-binding takeover offer from U.S.-based gold miner Newmont Corporation . Under the indicative offer, Newcrest shareholders will be entitled to receive 0.380 Newmont shares for each Newcrest share held, the Australian company said. (Reporting by Sameer Manekar in Bengaluru)

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