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Announced

Completed

Newmont completed the acquisition of Newcrest Mining for AUD28.8bn.

Financials

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Transaction Value£15,357m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium30.4%
One Off Charge-

Synopsis

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Newmont, a gold mining company based in Greenwood Village, completed the acquisition of Newcrest Mining, an Australian-based corporation which engages in the exploration, development, mining and sale of gold and gold-copper concentrate, for AUD28.8bn. "Today marks a historic milestone in our company and the industry with the successful completion of this transformational acquisition of Newcrest by Newmont. Our attention now turns to safely, efficiently, and responsibly integrating Newcrest’s assets and people into Newmont’s proven operating model, so we can accelerate the delivery of our value-focused strategy for all our stakeholders," Tom Palmer, Newmont President and CEO.

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