Gold Fields shareholders reject IAMGOLD merger
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JOHANNESBURG  - Gold mining giant Gold Fields failed to block a hostile takover bid by rival Harmony after the majority of Gold Fields shareholders voted against a proposed merger with Canada-based IAMGOLD.
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Mining firm Rio Tinto rejects a $147bn hostile takeover offer from rival BHP Billiton.
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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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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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WILMINGTON, Del. -- Shareholders of auto supplier Lear Corp. rejected a $2.9 billion buyout offer Monday from a firm led by billionaire investor Carl Icahn.
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TORONTO (CP) - Shares of Iamgold fell more than 10 per cent after its proposed merger with Gold Fields Ltd. was thrown into doubt Monday as South Africa&#39;s Harmony Gold Mining Company Ltd.
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Gold Fields has yet to receive support from Norilsk Nickel, its biggest shareholder, for its acquisition of Canada&#39;s Iamgold. Gold Fields announced its plan to buy Iamgold
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Britain's EMI Group Plc  has rejected a 2.1-billion-pound ($4.1 billion) cash takeover proposal from Warner Music Group , saying on Friday it was not in the best interests of its shareholders.
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Iamgold, a Canadian mining company, said that it would buy Cambior, a rival, for about 1.33 billion Canadian dollars ($1.2 billion) in stock, to create a gold mining operation with more than one million ounces of annual production. The deal will push Iamgold to the top of the midtier gold producers and comes six months after the miner bought Gallery Gold of Australia. ÂWe believe it sets the stage for us to join the senior ranks as we move forward in this company,Â IamgoldÂs chief executive, Joe Conway, left, said.
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Anglo-Australian mining giant Rio Tinto said Wednesday that it had rejected a 147.4-billion-dollar (100.9-billion-euro) takeover bid from peer BHP Billiton.
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The board of Gold Fields Ltd. urged its shareholders Wednesday to reject an $8.1 billion hostile takeover bid by its smaller South African gold producing rival, Harmony Gold Mining Co.
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The Swedish truck maker Scania and its two largest shareholders rejected a takeover bid from a German rival, MAN A.G.
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The management of Gold Fields, the South African gold producer, was dealt a blow on Tuesday after shareholders voted against a proposed reverse takeover of Canadian gold group Iamgold.
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Gold Fields [GFI] stockholders have unambiguously rejected the planned reverse takeover of some of its assets by IAMGold [IAG], and the subsequent division of the company into local and foreign entities.
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Shareholders in steelmaker Arcelor   were meeting on Friday to vote on a possible merger  deal with Russia&#039;s Severstal , with a rejection  required to clear the way for an agreed &#36;32 billion takeover by  Mittal Steel .
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Iamgold Corp. shares fell 8.5 percent after South Africa&#39;s Gold Fields Ltd. received an unsolicited takeover bid, threatening to scuttle its plan to acquire the Canadian gold producer.
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JOHANNESBURG, South Africa - 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.