Paulson Opposes Newmont’s Merger Deal with Goldcorp

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The activist investor, in letter to Newmont, says current deal would transfer away significant gains from a joint venture

Paulson & Co. said Thursday it opposes Newmont Mining Corp.’s $10 billion merger with Goldcorp Inc. because it would transfer away significant gains from a recently announced Nevada joint venture.

“Under the current terms we are unable to support the transaction,” the hedge-fund firm wrote Newmont Chief Executive Gary Goldberg in a letter, which The Wall Street Journal first reported.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Merger of Deutsche Bank, Commerzbank could cost 20,000 jobs: union chiefA merger of Deutsche Bank and Commerzbank could put 20,000 jobs at risk, the hea... why is Deutsche Bank still allowed to operate despite being involved in so many crimes? saving the criminal deutsche bank? lol
Source: Reuters - 🏆 2. / 97 Read more »

Deutsche Bank, Commerzbank shares surge after merger talks confirmedMedia reports have suggested that the German government, which owns 15 percent of Commerzbank, is backing the deal – even though it could cause a multi-billion euro financial hole. Why?
Source: CNBC - 🏆 12. / 72 Read more »

Deutsche, Commerzbank merger would put 30,000 jobs at risk: unionA merger of Deutsche Bank and its rival Commerzbank could result in as many as 3... I blame Brexit!! And the beat goes on🎼🎼
Source: Reuters - 🏆 2. / 97 Read more »

Deutsche merger moves brighten mood for European stocksEuropean stocks extended a recent run of gains on Monday as a flurry of dealmaki...
Source: Reuters - 🏆 2. / 97 Read more »

Executive Quarrel Trips Up Eyewear Giant Months After MergerEssilorLuxottica, the eyewear giant that owns Ray-Ban, LensCrafters and other brands, is in turmoil as a public fight broke out between top executives over control of the company, six months after they created it. Another brand goes belly up, no surprise when you can buy the same quality product far cheaper with free shipping online! I hope they can see their way clear to an amiable settlement.
Source: WSJ - 🏆 98. / 63 Read more »

Deutsche Bank CEO sees strong case for Commerzbank merger: sourceDeutsche Bank chief executive Christian Sewing believes there is a strong case f... Probably because they need to hide the fact Deutsche Bank is Broke!!!😂😂😂 Crooks. was the photographer falling when this was snapped?
Source: Reuters - 🏆 2. / 97 Read more »

German politicians split over bankrolling Deutsche Bank mergerA dispute is unfolding between the two political parties that govern Germany, as plans develop on a merger between Deutsche Bank and Commerzbank Lots of the European Banks are still in big trouble, all the European governments are in debt. Interest rates can’t go any lower. They still can’t finance the debts. When them music stops it’s going to go very very badly. Brexit Two money laundering behemoths
Source: Reuters - 🏆 2. / 97 Read more »