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NEWS
February 24, 1990 | From Times Wire Services
Black nationalist leader Nelson R. Mandela met Friday with parliamentary opposition leaders at his home in the black township of Soweto, while more than 1,500 anti-apartheid demonstrators staged a pro-democracy protest in downtown Johannesburg. Officials of the Democratic Party, the main white anti-apartheid party, and the United Democratic Front, an anti-apartheid coalition, joined the leader of Parliament's mixed-race chamber in an hourlong discussion with Mandela.
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NEWS
February 24, 1990 | From Times Wire Services
Black nationalist leader Nelson R. Mandela met Friday with parliamentary opposition leaders at his home in the black township of Soweto, while more than 1,500 anti-apartheid demonstrators staged a pro-democracy protest in downtown Johannesburg. Officials of the Democratic Party, the main white anti-apartheid party, and the United Democratic Front, an anti-apartheid coalition, joined the leader of Parliament's mixed-race chamber in an hourlong discussion with Mandela.
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NEWS
February 21, 1990 | From Associated Press
Britain failed Tuesday to persuade the European Community to ease sanctions against South Africa and announced that it would unilaterally lift an embargo on new investment. "There was no consensus on a lifting of sanctions," an Irish government spokesman said at the end of a one-day meeting of EC foreign ministers. British Foreign Secretary Douglas Hurd announced immediately afterward that Britain would unilaterally lift the embargo on new investment.
NEWS
February 21, 1990 | From Associated Press
Britain failed Tuesday to persuade the European Community to ease sanctions against South Africa and announced that it would unilaterally lift an embargo on new investment. "There was no consensus on a lifting of sanctions," an Irish government spokesman said at the end of a one-day meeting of EC foreign ministers. British Foreign Secretary Douglas Hurd announced immediately afterward that Britain would unilaterally lift the embargo on new investment.
BUSINESS
April 1, 1988 | From Reuters
A rash of divestiture has hit South Africa this week as four major foreign companies, including Newmont Mining, announced plans to pull out against a background of international outrage at Pretoria's crackdown on the black opposition. New York-based Newmont, a big gold and natural resource producer, said it would sell its interests in four South African firms, including companies that produce zinc, copper and vanadium.
BUSINESS
September 22, 1988 | Associated Press
A South African mining conglomerate launched the largest takeover bid in British history Wednesday with a $4.9-billion offer for Consolidated Gold Fields PLC. Consolidated, which controls 8% of the world's annual gold production, quickly rejected the bid, which sparked concerns about a South African monopoly in the gold mining business. The offer by Minorco S.A.
BUSINESS
September 23, 1988 | Reuters
Britain's opposition Labor Party on Thursday demanded a government inquiry into a huge South African-backed takeover bid for British gold mining giant Consolidated Goldfields PLC as the stock exchange examined suspicions of insider dealing in its shares. Luxembourg-based Minorco, which is 60% owned by South African Anglo-American Corp., and De Beers Consolidated Mines Ltd. on Wednesday made the biggest takeover bid in British business history, valuing Cons Gold at $4.9 billion.
BUSINESS
February 3, 1989 | Associated Press
A hostile $4.9-billion offer for Consolidated Gold Fields PLC by South African-controlled Minorco SA cleared a major roadblock Thursday when the British government gave it a green light. The Monopolies and Mergers Commission decided that the offer for the London-based mining and minerals company--which would be Britain's biggest takeover--would not be against the public interest, the Department of Trade and Industry said.
BUSINESS
September 23, 1988 | Reuters
Britain's opposition Labor Party on Thursday demanded a government inquiry into a huge South African-backed takeover bid for British gold mining giant Consolidated Goldfields PLC as the stock exchange examined suspicions of insider dealing in its shares. Luxembourg-based Minorco, which is 60% owned by South African Anglo-American Corp., and De Beers Consolidated Mines Ltd. on Wednesday made the biggest takeover bid in British business history, valuing Cons Gold at $4.9 billion.
BUSINESS
September 22, 1988 | Associated Press
A South African mining conglomerate launched the largest takeover bid in British history Wednesday with a $4.9-billion offer for Consolidated Gold Fields PLC. Consolidated, which controls 8% of the world's annual gold production, quickly rejected the bid, which sparked concerns about a South African monopoly in the gold mining business. The offer by Minorco S.A.
BUSINESS
February 3, 1989 | Associated Press
A hostile $4.9-billion offer for Consolidated Gold Fields PLC by South African-controlled Minorco SA cleared a major roadblock Thursday when the British government gave it a green light. The Monopolies and Mergers Commission decided that the offer for the London-based mining and minerals company--which would be Britain's biggest takeover--would not be against the public interest, the Department of Trade and Industry said.
BUSINESS
May 3, 1988 | From Reuters
The British travel firm Thomas Cook said on Monday that it is selling its stake in Thomas Cook Rennies Travel Ltd., a South African associate firm. A company statement identified the buyer as Safmarine and Rennies Holdings Ltd., a locally owned shipping and leisure group. It did not disclose terms of the sale. Thomas Cook, a subsidiary of Midland Bank PLC, said that it intended to withdraw from South Africa.
BUSINESS
May 9, 1988 | KEITH BRADSHER, Times Staff Writer
Desperate to escape a $4.3-billion hostile takeover bid by Batus Inc. and its British parent, once staid and reticent Farmers Group of Los Angeles has declared global war. In the past two weeks, Farmers has sought to link its unwanted suitor to everything from racism to lung cancer.
BUSINESS
May 3, 1988 | From Reuters
The British travel firm Thomas Cook said on Monday that it is selling its stake in Thomas Cook Rennies Travel Ltd., a South African associate firm. A company statement identified the buyer as Safmarine and Rennies Holdings Ltd., a locally owned shipping and leisure group. It did not disclose terms of the sale. Thomas Cook, a subsidiary of Midland Bank PLC, said that it intended to withdraw from South Africa.
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