(Reuters) - Canadian miner Barrick Gold Corp said on Monday it had offered to buy U.S. rival Newmont Mining Corp in an all-stock deal that would create a global gold mining giant.
Newmont shareholders would receive 2.5694 common shares of Barrick for each outstanding Newmont Share, the company said.
Reporting by John Benny in Bengaluru; Editing by Sai Sachin Ravikumar
Our Standards:The Thomson Reuters Trust Principles.