Business
Consolidated Gold Fields PLC and Newmont Mining Corp. said Wednesday that they had asked President Reagan to prohibit, on national security grounds, a hostile $4.9-billion takeover of Gold Fields by a South African mining conglomerate.
Oct. 6, 1988
Consolidated Gold Fields PLC and Newmont Mining Corp. filed a federal lawsuit to block a hostile buyout bid by a South African conglomerate on grounds the offer violates federal securities and antitrust laws.
Oct. 12, 1988
The British travel firm Thomas Cook said on Monday that it is selling its stake in Thomas Cook Rennies Travel Ltd., a South African associate firm.
May 3, 1988
Minorco Controls 55% of Consolidated: South African-backed Minorco claimed control of almost 55% of mining giant Consolidated Gold Fields PLC, moving closer to clinching Britain’s largest corporate takeover.
April 27, 1989
A South African mining conglomerate launched the largest takeover bid in British history Wednesday with a $4.9-billion offer for Consolidated Gold Fields PLC.
Sept. 22, 1988
South African-controlled Minorco SA, which has offered $3.5 billion for the 70.6% of Consolidated Gold Fields PLC it does not already own, said it will sell Consolidated’s 49.3% stake in Newmont Mining Corp. if its bid is successful.
Oct. 11, 1988
South African-backed Minerals & Resources Corp. has raised its stake in its hostile takeover target Consolidated Gold Fields PLC, the British mining giant, industry sources said.
Oct. 13, 1988
ARC America Corp., a Newport Beach manufacturer of concrete pipe, is seeking help from the federal government to fight off a hostile attempt by a South African conglomerate to take over ARC’s parent company, Consolidated Gold Fields PLC in London.
Oct. 18, 1988
Britain’s largest jewelry retailer today said it would stop selling jewelry made with South African gold.
July 16, 1990
A New Jersey congressman said Monday that Minorco S.A.’
May 2, 1989