Town Hall News

By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp’s A$26.2 billion ($17.8 billion) takeover offer in one of the world’s largest buyouts so far this year. The deal, subject to approval from shareholders of both companies and other regulatory hurdles, would lift Newmont’s gold output to nearly double its nearest rival, Barrick Gold Corp, and catapult the […]

(Reuters) – Australia’s Aristocrat Leisure on Monday said it has entered a deal to acquire Israel-based software firm NeoGames S.A. for $1.0 billion as the gambling machine maker seeks to expand its online presence. Aristocrat Leisure said it would pay a cash price of $29.50 per share to the shareholders of NeoGames to buy 100% of the Nasdaq-listed software firm. The takeover would give Aristocrat entry into the attractive iLottery […]

By Orhan Coskun, Ece Toksabay and Ali Kucukgocmen ANKARA (Reuters) – Turkey appeared headed for a runoff presidential election after neither Tayyip Erdogan nor rival Kemal Kilicdaroglu cleared the threshold to win outright on Sunday, though Erdogan performed better than expected in his battle to extend his 20-year rule. With more than 96% of ballot boxes counted, Erdogan led with 49.44% of votes and Kilicdaroglu had 44.86%, according to state-owned […]

(Reuters) – The European armed forces treaty from which Moscow is to withdraw is contrary to Russia’s security interests, Russia’s envoy in charge of the withdrawal said in remarks published early on Monday. Russia’s parliament is to decide on Monday when to formally denounce the Treaty on Conventional Armed Forces in Europe (CFE), following President Vladimir Putin’s decree on May 10. “Any illusions of those who still hoped that Russia […]

By Fernando Kallas BARCELONA (Reuters) – Barcelona coach Xavi Hernandez said it was a “magnificent feeling” as he clinched his first LaLiga title as manager of the club where he won eight as a player, ending a four-year drought for the Catalan giants. Xavi’s side wrapped up the title after two first-half goals from Robert Lewandowski spurred them to a 4-2 win against city rivals Espanyol on Sunday. Barcelona were […]

(Reuters) – ONEOK Inc agreed to buy Magellan Midstream Partners in a cash and stock deal valued at around $18.8 billion including assumed debt to diversify in the midstream oil and gas industry, the company said on Sunday. ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit. The deal is expected to be accretive to earnings per share beginning in 2024, with […]

By Scott Murdoch and Himanshi Akhand (Reuters) -Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp’s A$26.2 billion ($17.8 billion) takeover offer in one of the world’s largest buyouts so far this year. If the deal gets Newcrest shareholders’ approval and other regulatory approvals, it would lift Newmont’s gold output to nearly double its nearest rival, Barrick Gold Corp, further solidifying Newmont’s position as the […]

By Sarah N. Lynch and Tyler Clifford WASHINGTON (Reuters) -Migrant crossings at the U.S.-Mexico border have unexpectedly fallen, not risen, since Title 42 curbs expired and reinstating criminal penalties for illegal entry is likely the biggest reason, the Biden administration said on Sunday. U.S. Homeland Security Secretary Alejandro Mayorkas said border patrol agents have seen a 50% drop in the number of migrants crossing the border since Thursday, when President […]

By Orhan Coskun, Ece Toksabay and Ali Kucukgocmen ANKARA (Reuters) -Turkey appeared headed for a runoff presidential election after neither Tayyip Erdogan nor rival Kemal Kilicdaroglu cleared the threshold to win outright on Sunday, in a poll seen as a verdict on Erdogan’s 20-year rule and increasingly authoritarian path. With almost 91% of ballot boxes counted, both sides claimed to be ahead and contested the figures, warning against any premature […]