Precious Metals M&A » By The Online Investor Staff, updated Tue., Feb. 7, 9:05 AM
Recent mergers and acquisitions in the Precious Metals M&A category.
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Slide #57. Waterton Global Resource Management, Inc — Newmont Midas Operation
Acquirer:
Waterton Global Resource Management, Inc
Acquiree:
Newmont Midas Operation (NYSE:NEM)
Details:
Newmont Mining Corporation (NYSE:NEM) ("Newmont" or "the Company") today announced the signing of a Letter of Intent ("LOI") to sell Newmont's Midas operation in Nevada to Waterton Global Resource Management, Inc. ("Waterton"). The proposed transaction is subject to customary closing conditions, including execution and delivery of an acquisition agreement, completion of confirmatory due diligence and receipt of all required regulatory and third party approvals.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 26th percentile
(ranked lower than approx. 74% of all stocks covered)
Analysts' Target Price: NEM Stock Forecast Based on Zacks ABR data; powered by Xignite |
