M&A
confidence high
sentiment positive
materiality 0.75
Newmont sets Oct 11 special meeting, files proxy for Newcrest acquisition; court orders Oct 13 vote
NEWMONT Corp /DE/
- Special meeting of Newmont stockholders set for Oct 11, 2023 at 8:00 a.m. MDT to vote on share issuance for Newcrest acquisition.
- Newcrest shareholder scheme meeting set for Oct 13, 2023 as ordered by Federal Court of Australia.
- Newmont Board unanimously recommends voting for all proposals.
- Pre-tax synergies of $500M targeted within 24 months post-close; $2B cash improvements via portfolio optimization in first two years.