Newmont moves closer to finalizing Newcrest takeover

U.S.-based Newmont said that the Canadian Competition Bureau issued a “no action” letter clearing its previously announced acquisition of Newcrest Mining under Canadian competition law as the miner progresses toward receiving regulatory approvals in other jurisdictions for a fourth-quarter closing.  On May 14, Newmont announced a definitive agreement to acquire Newcrest for $17.4 billion. The deal creates a world-class portfolio…

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