Gold Fields CEO Chris Griffith will need a great growth Plan B after its Yamana bid was torpedoed. But shareholders stand to reap a $300m consolation prize.
The failure of Gold Fields’s proposed takeover of Yamana Gold comes as a bitter blow for its CEO of 18 months, Chris Griffith.
The truth is, however, the walls were closing in ever since a joint cash and shares offer by Pan American Silver and Agnico-Eagle on November 4 trumped Gold Fields’s all-share bid of five months earlier. The question now is where Griffith goes from here...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
At least there’s the $300m break fee...It’s not over yet for CEO Chris Griffith after a rival bid for Yamana Gold. But failure to close the deal leaves a worrying vacuum in the miner’s future.
Read more »
At least there’s the $300m break fee...It’s not over yet for CEO Chris Griffith after a rival bid for Yamana Gold. But failure to close the deal leaves a worrying vacuum in the miner’s future.
Read more »
At least there’s the $300m break fee...Gold Fields CEO Chris Griffith will need a great growth Plan B after its Yamana bid was torpedoed. But shareholders stand to reap a $300m consolation prize.
Read more »
'Captain America' star Chris Evans named People's Sexiest Man Alive'She’s proud of everything I do but this is something she can really brag about' Chris Evans says about his mother's reaction to his Sexiest Man Alive title.
Read more »
Business Maverick: Adidas Is a Short Walk for New CEO, But May Prove Hard ClimbFor Bjorn Gulden, at least one part of taking over as chief executive officer of Adidas AG will be hassle-free -- his new company is located just a short stroll through the Bavarian countryside from his old post at rival Puma SE.
Read more »
Constance Stack named as new CEO of Next DLPPromoted | Next DLP (formerly Qush Security) has announced the appointment of Constance “Connie” Stack as its new CEO.
Read more »