# Newmont (NEM) acquisition of Newcrest (NCM)

**URL:** <https://community.sharesight.com/t/newmont-nem-acquisition-of-newcrest-ncm/1455>\
**Category:** Corporate action\
**Created:** [8 November 2023 08:48 UTC](https://community.sharesight.com/t/newmont-nem-acquisition-of-newcrest-ncm/1455 "2023-11-08T08:48:46Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![gavcam](https://avatars.discourse-cdn.com/v4/letter/g/7feea3/32.png) [@gavcam](https://community.sharesight.com/u/gavcam)\
**Post date:** [8 November 2023 08:48 UTC](https://community.sharesight.com/t/newmont-nem-acquisition-of-newcrest-ncm/1455/1 "2023-11-08T08:48:46Z")

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Wondering if Sharesight will be doing anything to migrate NCM holdings to NEM holdings or whether we’ll need to manage this ourselves?

And if we need to do this ourselves does anyone have any pointers on how to handle this?

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**Author:** ![RinjaniCapital](https://sea2.discourse-cdn.com/sharesight/user_avatar/community.sharesight.com/rinjanicapital/32/209_2.png) [@RinjaniCapital](https://community.sharesight.com/u/RinjaniCapital)\
**Post date:** [9 November 2023 10:28 UTC](https://community.sharesight.com/t/newmont-nem-acquisition-of-newcrest-ncm/1455/2 "2023-11-09T10:28:32Z")

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I might wait for official confirmation, but I believe the below guide should handle the job:

> **[Mergers | Sharesight Help](https://help.sharesight.com/au/mergers/)**
>
> How to record a merger where you hold shares in a listed company that is wholly acquired by another listed company and maintain accurate performance and cgt.

Assuming you are Australian Resident and choosing the rollover relief (if available - waiting for ATO official ruling). But not an accounting expert lol - hope someone knowledgeable can confirm this