Newmont Mining completed the acquisition of Goldcorp for $12.6bn.

Newmont Mining Corporation completed the acquisition of Goldcorp for $12.6bn. Under the terms of the agreement, Newmont acquired each Goldcorp share for 0.3280 of a Newmont share, which represents a 17% premium based on the companies’ 20-day volume-weighted average share prices. "Our cultures are well aligned, with strong commitments to zero harm, inclusion and diversity, and industry-leading environmental, social and governance performance. We expect to generate up to $100m in annual pre-tax synergies, with additional cost and efficiency opportunities that will be pursued through our proven Full Potential continuous improvement program. The combination is expected to be immediately accretive to Newmont’s net asset value and cash flow per share," Gary Goldberg, Newmont’s Chief Executive Officer.