Technology
NEM

Barrick Gold offers to buy Newmont in all-stock deal

Reuters

Feb 25 () - Canadian miner Barrick Gold Corp said on Monday it had offered to buy U.S. rival Newmont Mining Corp in an all-stock deal that would create a global gold mining giant.

Newmont shareholders would receive 2.5694 common shares of Barrick for each outstanding Newmont Share, the company said.

OCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">

Feb 25 () - Canadian miner Barrick Gold Corp said on Monday it had offered to buy U.S. rival Newmont Mining Corp in an all-stock deal that would create a global gold mining giant.

Newmont shareholders would receive 2.5694 common shares of Barrick for each outstanding Newmont Share, the company said.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More