PNG competition regulator clears Newmont-Newcrest deal; no US HSR filing needed

NEWMONT Corp /DE/

Papua New Guinea ICCC granted clearance for Newmont's proposed acquisition of Newcrest.
No Hart-Scott-Rodino premerger notification required in the United States for the transaction.
Deal on track to close in Q4 2023; other approvals pending from ACCC, FIRB, JFTC, PCC, KFTC.
Newmont plans to establish PNG as standalone fifth region with senior leadership and pursue secondary listing on PNGX.

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