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Newmont Corporation - Newmont Receives Clearances from Australia’s Foreign Investment Review Board and Japan’s Fair Trade Commission
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that, following a review by Australia’s Foreign Investment Review Board (FIRB), the Treasurer has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM), issuing a No Objection Notification (NON). The NON is conditioned upon compliance with standard tax conditions associated with the Commonwealth’s taxation laws. Last week, Japan’s Fair Trade Commission (JFTC) issued a clearance letter allowing closing of the proposed transaction to proceed any time after September 30, 2023. Newmont continues ... (full story)