Gold Fields Sues Harmony Gold Mining
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Gold Fields Ltd. said Friday that it is suing fellow South African miner Harmony Gold Mining Ltd., charging that Harmony has misled shareholders in its recent hostile bid for Gold Fields.
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SAN FRANCISCO (CBS.MW) -- Gold Fields Ltd. welcomed Friday a decision handed down by a South African appeals court that the company said temporarily blocks Harmony Gold Mining Ltd.
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Harmony Gold Mining Co. Ltd. said Monday that Gold Fields Ltd. had attempted to hire one of its senior employees to leak information about Harmony's hostile takeover bid.
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Gold Fields Ltd. won an appeal on Friday in its battle to stave off a hostile &#36;7.1 billion takeover by Harmony Gold Mining Co. that would create the world's largest gold mining company.
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South Africa's Harmony Gold has  made an unsolicited 52.9 billion rand ($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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Harmony Gold yesterday undermined its ambitions to take over rival Gold Fields and create the world&#39;s biggest gold producer by reporting a headline loss that was worse than expected for the first quarter.
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Mining company, Harmony, is to appeal against today&#39;s Competition Appeal Court ruling interdicting it from exercising voting rights it got from buying shares in its competitor Gold Fields.
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Harmony has accused Gold Fields of attempting to bribe an employee to &quot;spy&quot; and provide information on Harmony&#39;s take-over bid.
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The battle for control of South African mining group, Gold Fields, turned nasty yesterday when predator Harmony accused its rival of attempting to &quot;corrupt&quot; one of its employees to gain information.
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The board of Gold Fields Ltd. urged shareholders Wednesday to reject a $8.1-billion-US takeover bid by South African gold producer Harmony Gold Mining Co.
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Gold Fields loses a key legal decision in its fight against Harmony's $8.2bn hostile takeover bid but remains confident that its shareholders will reject the bid.
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JOHANNESBURG  --While the dust is still settling letâs take a look at some of the arguments Gold Fields might start putting up to persuade its shareholders of the poverty of the Harmony bid.
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South Africa&#39;s Harmony Gold looking to create the world&#39;s biggest gold producer after it pounced on bigger domestic rival Gold Fields with an all-share takeover bid worth about $A11.
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LONDON (CBS.MW) -- Gold Fields (GFI) said Friday it welcomed a decision by a South African appeals court that Harmony Gold Mining (HMY) cannot exercise any voting rights from Gold Fields shares it may acquire from its early settlement offer until
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A battle over a hostile takeover bid to create the world&#39;s largest gold mining group has spilled over into court, with Gold Fields Limited (GFI) accusing rival Harmony of being in breach of South African criminal laws.
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Gold Fields lost its fourth legal challenge to Harmony&#39;s hostile offer yesterday when the US district court for southern New York found no fault with Harmony&#39;s gold reserve reporting and ruled that its offer was not coercive.
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Harmony, the South African gold producer, yesterday lost the latest round in the battle to gain control of its rival, Gold Fields, when the South African court said both stages of its bid must be approved by the competition authorities.