Dutch Central Bank Sale Announcement Imminent? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Byron who wrote (12497)	11/15/2001 4:52:28 AM
From: sea_urchin	Read Replies (2) of 81057

Guree, my dog's still after that damn bone. Anglogold Response To Newmont Bid For Normandy Release Date: 15/11/2001 09:29:42Code(s): ANG © 2001 SharenetClick CODE for more details on the company(Incorporated in the Republic of South Africa) (Registration Number: 1944/017354/06) ISIN Number: ZAE000014601 JSE Share Code: ANG NEWS RELEASE CORPORATE AFFAIRS DEPARTMENT 1st FLOOR, 11 DIAGONAL STREET JOHANNESBURG 2001 TELEPHONE: (+27 11) 637-6385 FAX: (+27 11) 637-6399/6400 15 November 2001 AngloGold response to Newmont bid for Normandy The bid by Newmont Mining Corporation for Normandy Mining Limited values Normandy at $1.51 (which could increase by 5 cents per share in the event of a 90% acceptance of the offer), based on Newmont's closing share price on Wednesday 14 November on the New York Stock Exchange. This compares with the current value of the AngloGold offer to Normandy shareholders of $1.47 per share, also based on yesterday's closing AngloGold share price on the NYSE. The combination of AngloGold and Normandy offers a compelling strategic fit of assets, a sustainable high dividend and the real possibility of significant share price growth. AngloGold is considering the Newmont proposal in the light of the strategic and value-adding merits of its own offer and will respond appropriately in due course. AngloGold will only pursue a course of action that delivers demonstrable value for shareholders. Ends I like the idea of "compelling strategic fit". Sounds like some very horny guy proposing a sexual act!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next