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...

            
        
    
    	    
                
                
	
Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement