Stocks in play: Newmont Corporation
Announced that the Securities Commission of Papua New Guinea has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the Company to proceed with its proposed acquisition of Newcrest Mining Limited. Last week, the Philippine Competition Commission also indicated its approval of the proposed transaction. All of the government regulatory approvals necessary for the transaction to proceed have now been secured. Newmont Corporation shares T.NGT are trading down $0.01 at $48.24.
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