Swanepoel&#39;s Gold Fields takeover bid looks as if it was born of ...
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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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ANCIENT OLYMPIA, Greece  -- Adam Nelson couldn&#39;t help himself. While parading with his silver medal around the ancient site that gave birth to the Olympics 28 centuries ago, he paused to look at the mark in the dirt he thought was his gold-medal spot.
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SA&#39;s largest gold producer, Harmony, is expected to launch a hostile bid for rival gold company Gold Fields today, in concert with Gold Fields&#39; largest shareholder, Russia&#39;s Norilsk.
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The price of gold has always been a way to keep score of economic, financial and political instability, but the game may be changing.
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Norilsk Nickel shook up the gold world Monday, backing a hostile takeover bid by one South African company for another that could give it a stake in the world&#39;s largest producer of the precious metal.
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PERTH (Dow Jones)--Another Australian mining company is destined for foreign ownership after Canada&#39;s LionOre Mining International Ltd.
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The battle for control of Gold Fields starts in earnest on Friday with the closing, at noon Johannesburg time, of the first stage of Harmony&#39;s two-part merger offer to the bigger company&#39;s shareholders.
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It&#39;s hard to decide whether this fixture is a quaint anachronism, a free-flowing tribute to the game&#39;s glorious, money-free past or naked commercial opportunism.
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JOHANNESBURG - Mining giant Gold Fields will know after a crucial shareholder vote on Tuesday if it has succeeded in ending a cheeky hostile take-over bid by its rival Harmony to create the world&#39;s largest gold producer.
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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 Fields has made a secret offer to buy out its largest shareholder as a last-ditch defence against a hostile $8.1bn (Â£4.35bn) bid from Harmony, its rival South African gold producer.
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ATHENS, Greece -- Look at it this way: At least the US basketball team won&#39;t be asked to give back its gold medal. On a day that was Olympic in scope both for its shock value and its intrinsic weirdness, the
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DURING 21 years in coaching, I&#39;ve been lucky enough to reach the grand final five times. These games represent the pinnacle of your career, but at the same time produce a very strange sensation.
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Devastated by doping, a sport looks to youth to revive its fortunes
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This yearâs first major tournament was a reminder that the desire born of economic despair and cultural upheaval is a powerful motor for an athlete.
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The provision made for a white knight offer in the irrevocable undertaking given by Russia&#39;s Norilsk Nickel to Harmony Gold, which is attempting to swallow its larger local rival
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Johannesburg - South Africa&#39;s Harmony Gold Mining on Monday announced that it to launch a takeover bid for Gold Fields, offering a 29-percent premium for its entire share capital to create the world&#39;s leading gold mining group.