Hostile Bid Made to Create World's Largest Gold Company
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Harmony Gold Mining's hostile bid today to acquire buy Gold sparked what is certain to be a bitter takeover battle.
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The world&#39;s largest mining group, BHP  Billington Ltd.,  is considering a rival bid for  aluminum producer Alcan Inc.  and has hired an  investment bank, sources familiar with the matter said on  Monday.
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Another bid in the mining sector turned hostile yesterday when Xstrata said it would take its A$7.4bn (Â£3.2bn) offer for WMC Resources directly to shareholders.
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The upstart miner has won a huge round as part of its hostile takeover bid for Gold Fields. It&#39;s not money in the bank yet, though.
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The Latin American gold miner ups the ante in its takeover bid once again.
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South Africa's Harmony Gold has made an unsolicited 52.9 billion rand (&#36;8.2 billion) bid to take over bigger domestic rival Gold Fields to create the world's biggest gold producer, it said on Monday.
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Swiss mining group Xstrata PLC Monday launched a hostile 7.4 billion Australian dollar (US$5.8 billion; euro4.4 billion) bid for uranium and copper miner WMC Resources LTD, increasing pressure on the independent Australian miner.
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Business & money: Consortium led by the Royal Bank of Scotland is today expected to make a Â£49bn hostile takeover bid for the Dutch bank ABN Amro.
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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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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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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.
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Pilgrim's Pride Corp. PPC.N said on   Thursday it would launch a hostile $1 billion takeover offer   for poultry producer Gold Kist Inc. GKIS.O after failing to   agree on a deal with Gold Kist's management.
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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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Gold Fields Ltd. won an appeal on Friday in its battle to stave off a hostile $7.1 billion takeover by Harmony Gold Mining Co. that would create the world&#39;s largest gold mining company.
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Harmony Gold, South African gold mining group, said it made a bid over its bigger rival Gold Fields to form the biggest gold producer over the globe.
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HARMONY Gold Mining pledged yesterday to mount a legal challenge should Gold Fields, its takeover target, scupper a hostile $8.1 billion (Â£4.2 billion) approach today.
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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.