Newmont shareholders vote in favour of merger with Goldcorp
Shareholders of NYSE-listed Newmont Mining on Thursday voted in favour of the proposed transaction with TSX- and NYSE-listed Goldcorp.
Goldcorp’s shareholders voted in favour of the transaction on April 4.
“We thank Newmont’s shareholders for their overwhelming support for this compelling value-creation opportunity as we build the world’s leading gold company,” CEO Gary Goldberg commented in a statement.
Completion of the $10-billion merger, which is expected to occur in the second quarter, will result in the combined company owning mines in the Americas, Australia and Ghana.
Goldcorp said in a statement on Thursday that it welcomed the approval of the transaction by Newmont's shareholders.
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