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Lonmin PLC (LMI.L)

LMI.L on London Stock Exchange

49.03GBp
24 Jan 2019
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Wed, Dec 19 2018

Lonmin's biggest mining union tries to block Sibanye deal

JOHANNESBURG, Dec 19 A South African union has filed an appeal to overturn a mining deal in which Sibanye-Stillwater intends to acquire rival Lonmin , Sibanye said on Wednesday.

Lonmin turns first profit in four years ahead of Sibanye takeover

Lonmin Plc , which is being bought by Sibanye-Stillwater , reported its first annual operating profit in four years as cost cuts by the platinum miner paid off.

Lonmin turns first profit in four years ahead of Sibanye takeover

Lonmin Plc , which is being bought by Sibanye-Stillwater , reported its first annual operating profit in four years as cost cuts by the platinum miner paid off.

UPDATE 1-Lonmin turns first profit in four years ahead of Sibanye takeover

Nov 29 Lonmin Plc, which is being bought by Sibanye-Stillwater, reported its first annual operating profit in four years as cost cuts by the platinum miner paid off.

Lonmin posts FY profit, compared to year-ago loss; warns on Sibanye deal closing

Nov 29 Lonmin Plc, which is being bought over by Sibanye-Stillwater, posted full-year operating profit of $101 million compared with a year-ago loss as cost cutting paid off.

Sibanye shares slide after Lonmin deal approval carries jobs cut freeze

JOHANNESBURG, Nov 22 Shares in Sibanye-Stillwater fell more than 3 percent in early trade on Thursday, a day after South Africa's competition regulator ordered a six-month freeze on job cuts in takeover target Lonmin .

Deals of the day-Mergers and acquisitions

Nov 21 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

South African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

JOHANNESBURG South Africa's Competition Tribunal on Wednesday approved Sibanye-Stillwater's takeover of troubled platinum producer Lonmin but imposed a six-month moratorium on job cuts.

UPDATE 3-S.African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

* $365 million deal to lead to job cuts (Adds Lonmin CEO comment)

S.African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

JOHANNESBURG, Nov 21 South Africa's Competition Tribunal on Wednesday approved Sibanye-Stillwater's takeover of troubled platinum producer Lonmin but imposed a six-month moratorium on job cuts.

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