Newmont Corp (NYSE:NEM) inked a deal to fully acquire Newcrest Mining Limited (OTC:NCMGY) through an Australian court-approved Scheme of Arrangement unanimously recommended…
On Friday, shares of Newcrest Mining (OTC: NCMGY) experienced volatile short activity. After the activity, the stock price went down -2.38% to $19.88.
The overall sentiment for NCMGY has been Bullish.
Following recent media speculation, Newcrest Mining Limited (ASX, TSX, PNGX: NCM) confirms that on 5February 2023 it received a conditional and non-binding indicative proposal from Newmont Corporation (Newmont) to acquire 100% of the issued shares of Newcrest by way of a scheme of arrangement (Indicative Proposal).