Jan 14 (Reuters) - Goldcorp Inc G.TO :
* NEWMONT WILL ACQUIRE ALL OF OUTSTANDING COMMON SHARES OF GOLDCORP IN A STOCK-FOR-STOCK TRANSACTION VALUED AT $10 BILLION
* NEWMONT WILL ACQUIRE EACH GOLDCORP SHARE FOR 0.3280 OF A NEWMONT SHARE
* AGREEMENT WILL COMBINE TWO GOLD INDUSTRY LEADERS INTO NEWMONT GOLDCORP
* COMBINATION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO NEWMONT'S NET ASSET VALUE AND CASH FLOW PER SHARE
* GOLDCORP EQUITY VALUE OF $10 BILLION, WITH PREMIUM, AND ENTERPRISE VALUE OF $12.5 BILLION
* NEWMONT TO ACQUIRE ALL OUTSTANDING GOLDCORP EQUITY AT AN EXCHANGE RATIO OF 0.3280 OF A NEWMONT SHARE AND $0.02 FOR EACH GOLDCORP SHARE
* UNDER CERTAIN CIRCUMSTANCES, NEWMONT WOULD BE ENTITLED TO A $350 MILLION BREAK-FEE AND GOLDCORP WOULD BE ENTITLED TO A $650 MILLION BREAK-FEE
* SAYS BOARDS OF DIRECTORS OF BOTH COMPANIES HAVE UNANIMOUSLY APPROVED TRANSACTION
* GOLDCORP- BOARD OF DIRECTORS WILL BE PROPORTIONALLY COMPRISED OF NEWMONT AND GOLDCORP DIRECTORS, WITH NOREEN DOYLE AS CHAIR AND IAN TELFER AS DEPUTY CHAIR
* GOLDCORP'S VANCOUVER, CANADA OFFICE WILL BECOME NEWMONT GOLDCORP'S NORTH AMERICA REGIONAL OFFICE
* NEWMONT AND GOLDCORP SHAREHOLDERS WILL OWN APPROXIMATELY 65 PERCENT AND 35 PERCENT OF COMBINED ENTITY, RESPECTIVELY
* GARY GOLDBERG PLANS TO RETIRE AND MR. PALMER WILL BECOME PRESIDENT AND CHIEF EXECUTIVE OFFICER
* SAYS NEWMONT AND GOLDCORP SHAREHOLDERS WILL OWN APPROXIMATELY 65 PERCENT AND 35 PERCENT OF COMBINED ENTITY, RESPECTIVELY
* NEWMONT CEO GOLDBERG HAS AGREED TO LEAD NEWMONT GOLDCORP THROUGH CLOSURE OF THE TRANSACTION AND INTEGRATION OF THE TWO COMPANIES
* EXPECTS THE INTEGRATION TO BE SUBSTANTIALLY COMPLETED IN THE FOURTH QUARTER OF 2019, WHEN GOLDBERG PLANS TO RETIRE