Newmont to enter into confirmatory due diligence on newcrest

Denver--(business wire)--newmont corporation (nyse: nem, tsx: ngt) submitted a revised non-binding indicative proposal to the board of directors of newcrest mining limited (newcrest) to acquire 100 percent of the issued share capital of newcrest by way of an australian scheme of arrangement, under which newcrest shareholders would receive 0.400x newmont shares per each newcrest share held.
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