#Breaking: #Newmont is offering $17 billion for #Australia’s #Newcrest.

From @Breakingviews: Newmont is offering $17 billion for Australia’s Newcrest. A deal would stack up. But Barrick, which Newcrest spurned in 2019, might jump back into the fray. It has the makings of a value-destructive bidding war, says @AntonyMCurrie https://t.co/i1D9tykgbo

— Reuters Business (@ReutersBiz) February 6, 2023

Source: Twitter