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Big end of gold town could get M&A busy with Newmont bid for Newcrest

NEWCREST Mining has received a scrip offer from global major Newmont Mining valued at about A$24 billion (US$16.65).

Big end of gold town could get M&A busy with Newmont bid for Newcrest Big end of gold town could get M&A busy with Newmont bid for Newcrest Big end of gold town could get M&A busy with Newmont bid for Newcrest Big end of gold town could get M&A busy with Newmont bid for Newcrest Big end of gold town could get M&A busy with Newmont bid for Newcrest

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The 0.38 of one Newmont share being offered for every Newcrest share equates to about $27 per share.

Newcrest shares closed Friday at a little over $22/share.