Barrick Gold offers to buy Newmont in all-stock deal
(Reuters) - Canadian miner Barrick Gold Corp said on Monday it had offered to buy U.S. rival Newmont Mining Corp in an all-stock deal that would create a global gold mining giant.
Newmont shareholders would receive 2.5694 common shares of Barrick for each outstanding Newmont Share, the company said.
Reporting by John Benny in Bengaluru; Editing by Sai Sachin Ravikumar
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