Newmont rejects Barrick's 'egocentric' bid

NEWMONT Mining has formally rejected a hostile takeover bid from rival Barrick Gold.

Newmont rejects Barrick's 'egocentric' bid Newmont rejects Barrick's 'egocentric' bid Newmont rejects Barrick's 'egocentric' bid Newmont rejects Barrick's 'egocentric' bid Newmont rejects Barrick's 'egocentric' bid

Newmont CEO Gary Goldberg

The company said it completed a comprehensive review of the proposal, in consultation with financial and legal advisors, and had determined the "unsolicited, all-stock, negative premium proposal" was

 

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