Update: Gold Fields lehnt 8,1 Mrd. Dollar-Angebot von Harmony Gold ab - 500 Beiträge pro Seite | Diskussion im Forum

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Wie der südafrikanische Goldminenbetreiber Gold Fields Ltd. am Montagabend bekannt gab, hat er das 8,1 Mrd. Dollar schwere Übernahmeangebot seines kleineren Konkurrenten Harmony Gold Mining Co. Ltd. als unzureichend zurückgewiesen hat. Die Ablehnung des Unternehmens erfolgte dabei trotz der Befürwortung durch seinen größten Aktionär. Indes wurde der Abschluss des Zusammenschlusses mit der IAMGOLD Corp. zugesagt.

Harmony Gold hatte ein Angebot in Aktien unterbreitet, das den Aktionären von Gold Fields eine Prämie von 29 Prozent gesichert hätte. Demnach hätte eine Transaktion den Tausch von einer Gold Fields-Aktie in 1,275 Aktien von Harmony Gold vorgesehen. Harmony verfügte zudem über die Unterstützung durch die russische Norilsk Nickel, die mit 20 Prozent der größte Anteilseigner von Gold Fields ist.

Die Aktie von Gold Fields schloss gestern an der NYSE bei 14,29 Dollar (-4,35 Prozent), die von Harmony Gold Mining bei 11,50 Dollar (-8,44 Prozent). Das Papier von IAMGOLD beendete den Handel an der AMEX bei 7,24 Dollar (-8,93 Prozent).

Wertpapiere des Artikels:
GOLD FIELDS LIMITED
JSC MMC NORILSK NICKEL
IAM GOLD CORPORATION
HARMONY GOLD MINING COMPANY LIMITED


Autor: SmartHouseMedia (© wallstreet:online AG / SmartHouse Media GmbH),09:07 19.10.2004

[mickefett]

http://www.goldfields.co.za/Media/Top_Stories/pdf/final_offe…

Hier der Originaltext von Goldfields gegen die Übernahme durch Harmony

Gruß Mickefett

[mickefett]

http://www.sabcnews.com/economy/business/0,2172,90841,00.htm…

Goldfields SA earnings up for September quarter

October 28, 2004, 09:00

Gold Fields Ltd`s net earnings for the September quarter was R102 million (21 cents per share) compared with a net loss of R186 million (39 cents per share) in June, the gold miner announced today. Earnings were however down compared to September last year, when a sum of R421 million (89 cents per share) was posted.

Gold Fields listed in a statement, a number of salient features for the quarter. These include:

attributable gold production was on target at 1 007 000 ounces

costs were well controlled with total cash costs up less than 1% to R66.516 per kilogram

costs at South African operations quarter-on-quarter were flat at about R73 000 per kilogram
despite a 7% wage increase

and an operating profit of R456 million was achieved despite a lower rand-gold price and a small planned reduction in gold produced.

Comments
"In line with guidance provided for the quarter, Gold Fields delivered another solid operational performance," said Ian Cockerill, the chief executive. "The strategic repositioning of the South African operations ... to cope with the strong local currency continues to deliver the expected results, reflecting the inherent quality and flexibility of these assets. Our initial target remains to reduce costs at the South African operations to R70 000 per kilogram, and we are striving to achieve this," Cockerill added.

Cockerill also commented on Harmony Gold Mining Company Ltd`s unsolicited and hostile proposal to "merge" with Gold Fields. "In accordance with their obligations to act in their (shareholders`) best interest, the board is considering Harmony`s proposal and taking independent advice and the board`s formal response is due to be published shortly.

"I am concerned that Harmony`s proposal may not be in the interests of Gold Fields shareholders, as it appears to undervalue Gold Fields` assets and your shares. Harmony is a company that has recently reported its fifth consecutive quarterly headline loss, and is offering you its paper to acquire quality Gold Fields assets. In addition, I am concerned that the two-stage offer structure, which would not be permitted in other international jurisdictions, could allow Harmony (with the support of Norilsk) to acquire effective control of Gold Fields before a full offer has run its course." - Sapa


Gruß Mickefett