RE: GGP a Takeover Target?? 100% YES25 Mar 2025 10:22
Wyloo have the option to buy 50% of Newmont's 20% which looks to be a given. Newmont disposed of a lot of assets for cash so they are happy with that, they can focus on what they have. They won't be keen to take Telfer back as much as the other assets they sold. The assets are not Tier 1 in Newmont's view. Too small for them but right-sized for GGP.