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Lonmin PLC (LONJ.J)

LONJ.J on Johannesburg Stock Exchange

859.00ZAc
10 Dec 2018
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Thu, Nov 29 2018

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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.

Lonmin gets $200 million purchase pact, committed to Sibanye deal

Lonmin Plc on Monday signed a $200 million (153.1 million pounds) metal purchase agreement, which will provide the platinum miner better liquidity as it awaits the closure of Sibanye-Stillwater's takeover of the company.

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