Newmont-Newcrest Merger Is Almost at the Finish Line -- Market Talk
Dow Jones
Oct 12, 2023
1943 EDT [Dow Jones]--The largest-ever deal in the gold-mining industry is almost solidified. More than 96% of Newmont shareholders voted Wednesday to approve the acquisition of Newcrest Mining, despite the company receiving two complaints from shareholders about the proxy statement related to the issuance of new shares for Newcrest stockholders. The deal has received all necessary regulatory approvals and now awaits a vote by Newcrest stockholders. Initially announced in May, the deal is expected to close in early November. (ben.glickman@wsj.com)
(END) Dow Jones Newswires
October 11, 2023 19:48 ET (23:48 GMT)
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