CAPITAL MARKETS

Newmont takes control of Normandy

NEWMONT Mining has secured 66% acceptance for its cash-and-scrip bid from Normandy Mining shareholders, clearing the way for the North American to complete its takeover of Australia's premier gold producer by February 26.

MiningNews.Net
Newmont takes control of Normandy

Newmont also completed its acquisition of Canadian miner Franco-Nevada over the weekend. The company said it would pay Normandy shareholders who accepted its bid before 7pm last Friday (Sydney time)...

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