Newmont to acquire Goldcorp for $10 billion to create gold mining giant

Newmont Mining Corporation (NEM) agreed to acquire Goldcorp Inc. (GG) for $10 billion in an all-stock deal, which is expected to be completed in the second quarter of 2019. Under the terms, Newmont will acquire all outstanding Goldcorp equity at an exchange ratio of 0.3280 of a Newmont share and $0.02 for each Goldcorp share, … Continue reading Newmont to acquire Goldcorp for $10 billion to create gold mining giant