Newmont’s proposed acquisition of ASX-listed gold miner Newcrest is widely expected to sail past the shareholder takeover vote in two weeks. But what hasn’t been widely discussed is whether the takeover will be the biggest liquidity event on the ASX since Square’s $39 billion Afterpay deal.
In a nutshell, Newmont’s ASX-listed Chess Depository Interest is on track to hit the bourse next month, forming a local listing for the $US32.4 billion ($50.4 billion) New York-listed gold mining giant.