Drill and Deal

Deals / Newmont – Newcrest Mining

Gold · announced 14 May 2023 · completed

Newmont – Newcrest Mining

Offer raised after a first rejection, then six non-core assets sold. See the case study in the course.

Acquirer
Newmont
Target
Newcrest Mining
Announced
Metal
Gold
Announced value
about $19bn, including debt
Structure
Scheme, all-share
Status
Completed
Main asset
Cadia · See it on the globe