Manufacturing Industry
GOLD FIELDS LTD - Further re Offer by Harmony.
PR Newswire UK Disclose, May, 2005
GOLD FIELDS
MEDIA RELEASE
Gold Fields urges its shareholders to continue to refrain from tendering into
Harmony's hostile offer
Johannesburg, 16 May 2005. During the final week of the hostile bid by Harmony
Gold Mining Company Limited ("Harmony") for Gold Fields (GFI: JSE and NYSE)
("Gold Fields"), Chief Executive Ian Cockerill continued to urge Gold Fields
shareholders to reject Harmony's offer and protect value by not tendering into
the offer, saying: "We stated from the beginning that Harmony's offer does not
represent fair value and is funded by overvalued Harmony shares. And we have
seen that since the hostile bid was launched in October the value of Harmony's
bid has only worsened."
Harmony's hostile bid for Gold Fields will close on Friday 20 May, a full...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article


