secwatch.observer — SEC 8-K summary
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Issuer:     NEWMONT Corp /DE/ (NEM)
CIK:        0001164727
Form:       8-K
Filed at:   2023-08-22T23:59:59+00:00
Accession:  0001104659-23-094032
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newmont gets ACCC clearance for Newcrest acquisition; eyes Q4 closing
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- ACCC cleared Newmont's proposed acquisition of Newcrest and will convey to Australia's FIRB.
- Previous clearances received from Korea Fair Trade Commission, PNG competition regulator, and Canada Competition Bureau.
- Still required: FIRB, Japan Fair Trade Commission, Philippine Competition Commission, and PNG government approvals.
- Transaction expected to close in Q4 2023; annual pre-tax synergies of $500M within 24 months projected.
- Targeting at least $2B in portfolio optimization in the first two years post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1164727/000110465923094032/0001104659-23-094032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1164727/000110465923094032/tm2315741d19_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-094032

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