Harmony puts brave face on 11%
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Harmony Gold, which has managed to acquire only 10,8% of Gold Fields in the first stage of its hostile take-over bid, put a brave face on its offer yesterday, saying it would immediately launch the second part of its offer for the remaining shares.
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Shareholders of Harmony Gold Mining Co. on Friday overwhelmingly approved issuing new shares to fund the company&#39;s hostile takeover bid for Gold Fields Ltd.
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Something tells me that 41 years ago when the owners of 24 professional football teams - 15 in the NFL, nine in the AFL - sat down to discuss a playoff game between their respective champions, total harmony did not exist. Chances are pretty good the majority of those owners couldn't agree what day it was.
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Biomet Inc.  on Thursday accepted a sweetened takeover bid of $11.4 billion from a group of private equity firms after an influential shareholder advisory firm urged the orthopedic device maker's shareholders to reject the previous $10.9 billion offer.
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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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Long-suffering investors have a chance to rejoice as Joy's stock price rises.
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Harmony Gold Mining Co., the biggest miner of South African gold, made a hostile offer to buy Gold Fields Ltd. for 52.9 billion rand ($8.
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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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Shares of Hollywood Entertainment (HLYW:Nasdaq - news - research) were among the Nasdaq&#39;s winners Thursday, rising 11% after rival Blockbuster (BBI:NYSE - news - research) said that it would like to buy Hollywood Entertainment for about $700 million.
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Gold miner Harmony has announced that it will use its shares in rival miner Gold Fields to vote against the proposed IAMGold transaction at the Gold Fields general meeting on December 7. Harmony has an 11.8
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LONDON (CBS.MW) -- South African mining group Harmony (UK:HRM) said it would &quot;shortly post&quot; a proposed $8.1 billion, stock-based takeover of South African miner Gold Fields (GFI) .
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The valuation on this company's shares has risen to mythical proportions.
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Both companies get shareholder nod for $11 billion merger intended to improve efficiencies, competitive muscle.
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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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Shares of Network Appliance jumped more than 11 percent during Wednesday&#39;s trading after the storage maker reported a robust 38 percent rise in first quarter revenue.
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Shareholders of Harmony Gold Mining Co. on Friday overwhelmingly approved issuing new shares to fund the company's hostile takeover bid for Gold Fields Ltd.
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Adlabs, the multiplex group, today launched Silver Screen in association with an NGO called Harmony. A