Hostile Bid Made to Create World&#39;s Largest Gold Company
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Harmony Gold Mining, South Africa&#39;s gold largest miner, made a hostile bid today to acquire buy Gold Fields for 52.9 billion rand ($8.
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Harmony Gold Mining Company Ltd., the biggest miner of South African gold, made an &#36;8.1 billion all-stock bid Monday to takeover competitor Gold Fields Ltd. &#151; on the condition that Gold Fields step away from its planned &#36;2.1 billion acquisition of Iamgold Corp.
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BHP Billiton Ltd. , the  world&#39;s largest mining group, is considering a bid to rival a  $28.7 billion offer for aluminum producer Alcan Inc. ,  and has hired investment bank Merrill Lynch & Co. ,  sources familiar with the matter said.
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Harmony Gold Mining Co., the biggest miner of South African gold, may have to raise its hostile 39.3 billion rand ($6.7 billion) offer for Gold Fields Ltd.
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South African mining giant Gold Fields on Friday said it has filed a complaint in a New York court against rival Harmony to try and stop it from continuing with a hostile takeover to create the world&#39;s largest gold producer.
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Gold miners Harmony (HAR) and Gold Fields (GFI) dominated activity on the JSE Securities Exchange South Africa (JSE) on Monday, with the former taking a knock after announcing a hostile bid for the latter.
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In the most dramatic development yet in Harmony&#39;s all-out fight for Gold Fields, Harmony yesterday accused Gold Fields of having tried to buy bid secrets from a Harmony employee
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A ferocious battle to control South Africa&#39;s Gold Fields company looks certain after its management last night rejected an $8bn (Â£4.
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Copper producer Antofagasta makes a $400m offer for Australian business Equatorial Mining, sparking a bid battle.
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THE bid by charismatic Harmony CE Bernard Swanepoel to take over Gold Fields has all the makings of a bitter fight and one that may result, after years of success, in a serious setback for him.
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HARMONY is set to become the world&#39;s biggest gold producing mining company in just four months. This week Harmony moved closer to successfully concluding its hostile bid for rival Gold Fields.
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A takeover bid which would create the world's biggest gold company, with assets of $10bn, is reportedly being considered in South Africa.
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Gold Fields has attacked Harmony Gold Mining&#39;s &quot;stretched&quot; finances and &quot;marginal&quot; mines as it urged shareholders to reject an approach from the rival gold producer.
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Business & money: Shares in world's largest miner down almost 6% in London after hostile Â£75bn takeover bid for Rio Tinto
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MELBOURNE (Dow Jones)--Xstrata PLC (XTA.LN) Monday launched a hostile A$7.4 billion bid for WMC Resources Ltd. (WMR.AU), increasing pressure on Australia&#39;s last sizable
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ATTEMPTS by mining house Gold Fields attempts to resist rival Harmony&#39;s hostile takeover bid were dealt a major blow yesterday, after a last-minute switch by Sanlam Asset Managers effectively torpedoed its plan to list its international assets in Canada.
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Glamis Gold, a medium-sized gold producer based in Nevada, unveiled a US$3.4bn bid for Canada&#39;s Goldcorp on Thursday, seeking to thwart a friendly deal announced last week between