Goldcorp shareholders approve Newmont's $10 billion takeover offer

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Goldcorp shareholders approve Newmont's $10 billion takeover offer
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Goldcorp shareholders approved Newmont Mining Corp's $10 billion takeover o...

- Goldcorp shareholders approved Newmont Mining Corp’s $10 billion takeover offer on Thursday, removing one of the last remaining hurdles to create the world’s largest gold producer.

The deal, which would create a company with assets in the Americas, Africa and Australia, will be voted on by Newmont shareholders next Thursday. If approved, the deal is expected to close by June. Vancouver-based Goldcorp shares rose slightly on Thursday afternoon to C$15.39 in Toronto, and shares of Denver-based Newmont rose slightly to $36.02 in New York. The benchmark S&P/TSX Global Gold Index gained 0.8 percent.

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