Gold Fields appeals third loss

THE noose has tightened around the neck of South Africa’s second biggest goldminer, Gold Fields, after the South African Competition Tribunal ruled against an appeal it had lodged against the proposed takeover bid from Harmony Gold.

Gold Fields appeals third loss Gold Fields appeals third loss Gold Fields appeals third loss Gold Fields appeals third loss Gold Fields appeals third loss

It what constitutes a third legal knock-back for Gold Fields, the Tribunal found that Harmony had not breached takeover rules, and had not acted in concert with Norilsk Nickel, the biggest shareholder

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