Newmont remains on track to close its pending $26.2 billion acquisition of Newcrest, which is expected to close on November 6, according to its September quarterly report.
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The Minerals Council of Australia (MCA) has told the Senate inquiry into the Closing Loopholes Bill that major miners such as Rio Tinto, BHP and Glencore were the top contributors to its campaign against the proposed industrial relations (IR) reforms.
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Newmont’s $26.2 billion acquisition of Newcrest has become legally effective under Australian law, following the lodgement of orders from the Federal Court of Australia with the Australian Securities and Investments Commission (ASIC).
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Newmont and Newcrest Mining have announced the companies’ shareholders have voted in favour of Newmont’s $26.2 billion acquisition of Newcrest.
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The Securities Commission of Papua New Guinea (SCPNG) has granted necessary exemptions and requested confirmations under PNG capital markets law to allow Newmont to proceed with its $26.2 billion acquisition of Newcrest.
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Independent firms Institutional Shareholder Services and Glass Lewis have recommended for Newmont shareholders to vote ‘for’ its proposed acquisition of Newcrest.
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Following a review by Australia’s Foreign Investment Review Board (FIRB), the Treasurer has cleared Newmont to proceed with its $26.2 billion acquisition of Newcrest.
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Pitchers Partners has released its Dealmakers: mid-market M&A in Australia 2023 update, where it found that the mining sector contributed significantly to the country’s M&A (mergers and acquisitions) value through the Newmont acquisition of Newcrest.
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Papua New Guinea’s (PNG) Independent Consumer and Competition Commission (ICCC) has granted clearance for Newmont to proceed with its acquisition of Newcrest.
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The Canadian Competition Bureau has issued a “no action” letter clearing Newmont’s previously announced transaction with Newcrest under Canadian competition law.
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