{"id":2007632,"date":"2023-08-21T23:46:02","date_gmt":"2023-08-22T03:46:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/newmont-gets-aussie-regulatory-nod-for-16-8-billion-newcrest-deal\/"},"modified":"2023-08-21T23:47:02","modified_gmt":"2023-08-22T03:47:02","slug":"newmont-gets-aussie-regulatory-nod-for-16-8-billion-newcrest-deal","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/newmont-gets-aussie-regulatory-nod-for-16-8-billion-newcrest-deal\/","title":{"rendered":"Newmont approved for $16.8B Newcrest deal by Aussie regulators."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnewmont-gets-aussie-regulatory-nod-for-16-8-billion-newcrest-deal%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2007632&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Gold Miner Newmont\u2064 Corp Receives Clearance for A$26.2 Billion Takeover of Newcrest Mining<\/strong><\/p>\n<blockquote>\n<p>If the deal goes through, Newcrest shareholders would receive\u200b 0.400 Newmont share for each share, with an implied value of A$29.27 \u200ba share.<\/p>\n<\/blockquote>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>Newcrest\u200b in mid-May said \u200dit would back the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/read-elon-musks-pitch-to-twitter-exec-about-buyout-offer-exceeding-40-billion-dollars\/\" title=\"Read Elon Musk\u2019s Pitch To Twitter Exec About Buyout Offer Exceeding  Billion Dollars\">takeover offer<\/a> in what would be the third-largest deal ever\u2063 involving an Australian company.<\/p>\n<p>\u201cThe ACCC has assessed the transaction and considered that a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/california-ethnic-studies-curriculum-pushes-students-to-volunteer-at-arab-american-organizations\/\" title=\"California Ethnic Studies Curriculum Pushes Students to Volunteer at Arab-American Organizations\">public review<\/a> was not required,\u201d a spokesperson\u200d for the Australian Competition and Consumer Commission told Reuters.<\/p>\n<p>Newmont continues advancing\u2064 other <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musks-actions-at-tesla-could-signal-trouble-for-twitters-leftist-employees\/\" title=\"Elon Musk\u2019s Actions At Tesla Could Signal Trouble For Twitter\u2019s Leftist Employees\">regulatory approvals<\/a> and expects to close the transaction in \u200dthe fourth quarter of \u200bthis year, it said.<\/p>\n<p>The deal still requires approvals from Australia\u2019s Foreign Investment Review Board (FIRB), as well as nods from regulators in Japan, the Philippines, and Papua New Guinea.<\/p>\n<p>Newcrest \u200ddid not immediately respond to\u200c Reuters\u2019 requests for comment.<\/p>\n<p>($1 =\u200b 1.5596 Australian dollars)<\/p>\n<\/p>\n<p>  (Reporting \u2062by Harish Sridharan in Bengaluru; Additional reporting by Rishav Chatterjee;\u200c Editing by \u200dShailesh Kuber and \u2062Sohini Goswami)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/newmont-gets-aussie-regulatory\/attachment\/small-toy-figure-and-gold-imitation-are-seen-in-front\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Latest News<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Joe Biden Jets Off \u200cto Hawaii, Trump Pays $200,000 in Fulton County, and Fat Bottomed Girls Get \u200dBlacklisted<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Trump Spokeswoman Liz Harrington Suggests Timing of Latest Indictment of Donald Trump Reeks \u2062of Collusion<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Death Toll from Maui Wildfires Rises\u2064 with 111 Confirmed Fatalities and Nearly 1,000 Others Missing<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Nebraska Governor Jim Pillen Signs Opportunity Scholarship Act Committing \u2063$50 \u2062Million in Tax Credits<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Other Headlines<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Meta Platforms to \u200dChallenge\u2064 Fine from Norway&#8217;s Data Regulator<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Coinbase Global to Acquire Equity Stake in Circle Internet Financial and Shut Down<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Zoom Video Communications Forecasts Third-Quarter Profit Above Expectations<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Nvidia Investors Expect Positive Quarterly Revenue Forecast<\/h3>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gold miner Newmont Corp has been given approval by Australia&#8217;s competition regulator to move forward with its planned A$26.2 billion ($16.80 billion) acquisition of Newcrest Mining. Under the deal, Newcrest shareholders would receive 0.400 Newmont shares for each share, equating to an estimated value of A$29.27 per share.<\/p>\n","protected":false},"author":66,"featured_media":2007633,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2007632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2007632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2007632"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2007632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2007633"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2007632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2007632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2007632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}