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Gold giant Newmont’s $16.9 billion bid for Australia’s Newcrest clouded by deal doubts

Gold giant Newmont’s $16.9 billion bid for Australia’s Newcrest clouded by deal doubts

by admin | Feb 6, 2023 | Commodity

Melbourne Reuters  —  Top gold producer Newmont (NEM) Corp said it had made a $16.9 billion offer for Australian peer Newcrest (NCMGF) Mining to build a global gold behemoth, although investors and analysts said it undervalued the target amid a leadership change....

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