The transaction, based in Australia, would if successful combine two of the world's top gold producers, according to the buying company.
February 07, 2023 at 04:45 AM
2 minute read
Correspondent, Sydney
King & Wood Mallesons and White & Case are advising as U.S. gold miner Newmont makes a $17 billion bid for Australia’s Newcrest, which is being advised by Herbert Smith Freehills.
Newmont’s proposal is for a scheme of arrangement, where Newcrest shareholders are issued scrip in Newmont in exchange for their shares.
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