Goldcorp Shareholders Approve Deal With Newmont -- Update
04 Abril 2019 - 2:35PM
Dow Jones News
By Bowdeya Tweh
Goldcorp Inc. (GG) shareholders voted Thursday to approve
Newmont Mining Corp.'s (NEM) takeover of the firm.
More than 97% of votes cast backed the deal, Goldcorp said in a
statement.
Newmont shareholders will vote April 11 on whether to issue
shares in connection with the transaction.
The companies expect the deal to close in the current
quarter.
Newmont reached a deal in January to buy rival Canadian gold
producer Goldcorp in a $10 billion, all-stock deal.
In a separate statement Thursday, Newmont said the vote would
bring it closer to creating "the world's leading gold busienss as
measured by assets, prospects and people."
Write to Bowdeya Tweh at bowdeya.tweh@wsj.com
(END) Dow Jones Newswires
April 04, 2019 13:20 ET (17:20 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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