Newmont Raises Bid for Australia’s Newcrest to $19.5 Billion

Takeover would be the largest-ever M&A deal in the gold-mining industry if successful

Photo: Akos Stiller/Bloomberg News

​ADELAIDE, Australia—Newmont Corp. raised its takeover offer for Newcrest Mining Ltd. to around $19.5 billion, as it aims to seal what would be the largest-ever M&A deal in the gold-mining industry.

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