-->Harmony set to bid for Gold Fields

By John Reed in Johannesburg
and Arkady Ostrovsky in Moscow
Financial Times, London
Sunday, October 17, 2004

http://news.ft.com/cms/s/5c410f94-2078-11d9-af19-00000e2511c8.html

South African gold producer Harmony, with the backing
of Russian metals giant Norilsk Nickel, is poised to
make a surprise takeover bid on Monday for Gold Fields,
the world's fourth-biggest gold producer.

Harmony, South Africa's largest domestic gold producer,
will make a merger offer to Gold Fields' board and
shareholders, including Norilsk, that could foil
management's plans to merge with Canada's Iamgold.

If accepted by Gold Fields shareholders, the offer, which
is understood to have Norilsk's support, would create the
world's biggest gold company, with combined market
capitalisation of about $10 billion and annual production
of about 7.8 million ounces. The announcement of
Harmony's proposal, most likely a share swap, is
expected to come today.

(...)

http://news.ft.com/cms/s/5c410f94-2078-11d9-af19-00000e2511c8.html

-->Der hat nämlich um 23:36, wenige Minuten vor deinem Beitrag hier, den genau gleichen Beitrag veröffentlicht. Seltsam...

-->
davon wird seit einigen Wochen gemunkelt: Freitag notierten Goldfields einiges
höher, während die Harmony gegenwärtig Mühe bekunden zu steigen, bzw. die
Aktie tendiert gegen den Trend ganz leicht schwächer.


Und Norilsk: Der grösste Metall-Konzern, mit über 5 Milliarden $ Umsatz, gleichnamig zur Stadt im Norden Sibierens, ist verantwortlich als die welt-
grösste Dreckschleuder, wo täglich eine Unmenge Gift in die Umwelt abgegeben
wird. Norilsk bekannt durch umweltbelastende Produktion, mit total veralteten
Infrastrukturen, wo die Arbeiter(innen) alle innert kurzer
Zeit erkranken, d.h. unwiderruflich gesundheitlichen Schaden nehmen.

Vielleicht doch eine Finanz-Transaktion welche unter schlechten Vorausseztungen
zustande kommt?

Emerald.

-->
Harmony/Goldfields/Norilsk


The Financial Times

October 17, 2004

Lex: Norilsk/Gold Fields





The hunter is being hunted. When Norilsk Nickel first acquired a 20 per cent stake in South Africa's Gold Fields in March, the latter hoped this would enhance its international clout. More specifically, the South African company hoped the partnership would give it a crack at Norilsk's valuable Russian gold assets.

Now, however, Gold Fields' assets are under attack. Norilsk is backing a takeover of Gold Fields by fellow South African group Harmony. This is intended to derail Gold Fields' separate proposed merger with Canada's Iamgold. It may even let the Russians take control of Gold Fields' international activities, further down the road.

From Norilsk's point of view, the move is canny. Russia's largest mining group has a business imperative to diversify away from nickel and platinum. It also has a burning political incentive to widen its geographical base. Vladimir Potanin, Norilsk's largest shareholder, suffers an uneasy relationship with Russian president Vladimir Putin. The Kremlin would probably block any sale of Norilsk assets to non-Russians. Amid the turmoil surrounding Yukos, Mr Potanin, like all Russian oligarchs, has every motive to spread his wings.

Moreover, teaming up with Harmony resolves a practical problem namely that Norilsk lacks enough cash to buy Gold Fields directly, and is barred by law from bidding with shares. Since Harmony is focused exclusively on South Africa, there is also a synergy of interests. Norilsk appears to want to carve out Gold Fields' international operations. It may then use this for an international listing.

There is no guarantee that Norilsk can actually achieve these dreams. However, the lesson is clear: amid all the excitement about western companies buying Russian assets, some Russian businessmen now have the desire and ability to move the other way. Few deals have occurred so far. But western businesses ignore the trend at their peril. Just ask officials at Chelsea Football Club - or the besieged executives of Gold Fields.


http://www.nytimes.com/financialtim...l?pagewanted=print&position=

-->" Seltsam..."?

Spieler (Elliott-Forum) / Spieler0815 (goldseiten.de) und bei WO auch Spieler0815

SELTSAM fände ich es, wenn ich unter 3 verschiedenen Namen posten würde, oder?

Viele Grüße,
Spieler