Stocks waffle ahead of Wednesday’s consumer inflation data, bitcoin tops $30,000 level, Moderna shares fall on flu vaccine and the IMF, World Bank kickoff Spring meetings with global economic forecast. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
for Australia's Newcrest Mining Ltd on Tuesday at A$29.4 billion to close a deal that would extend Newmont's lead as the world's biggest gold producer.
The merger is set to be the third-largest deal ever involving an Australian company and the third-largest globally in 2023, according to data from Refinitiv and Reuters calculations.it had given U.S.-based Newmont access to its books following the sweetened all-share bid that has received some support from shareholders.
Under the revised offer, Newcrest shareholders would receive 0.400 Newmont share for each share held, with an implied value of A$32.87 a share, up from a previous exchange ratio of 0.380 that Newcrest's board unanimously rejected in February.An electric-powered BMW iX xDrive 50 car is seen during a media preview at the Auto Zurich Car Show in Zurich, Switzerland, Nov. 3, 2021.
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