Silicon Investor (SI) -- The First Internet Community

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? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (672)	8/20/1998 3:52:00 PM
From: Ptaskmaster	Read Replies (1) \| Respond to of 81118

Thanks for your views on Dreifontein. A flyer about Dreifontein dated July 21st, enclosed with a mailing of Anglogold's Qtr2 report, is entitled "Further cautionary announcement." It outlines the steps for a joint offer of shares by Goldfields and Anglogold to own Dreifontein. GFSA will unbundle Goldfields shares. Then Goldfields will use the new Goldfields shares for its part of the offer. Anglo American/Anglogold will use inter alia Goldfields shares received from the GFSA unbundling for its part. No mention of exact share equivalency. If the offer is successful, intended Dreifontein ownership will be: Goldfields 60%, Anglogold 40%