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

NEWCREST has received a scrip offer from global major Newmont Mining valued at about A$24 billion

Michael Quinn

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. The bid comes with Newcrest's leadership...

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