<![CDATA[Business Companies RSS]]> http://www.iol.co.za:80/cmlink/1.730916 Tue, 18 Jun 2013 17:42:00 +0200 <![CDATA[Investors boycott Foodcorp bond]]> http://www.iol.co.za/investors-boycott-foodcorp-bond-1.1533923

Foodcorp said it failed to attract a single valid offer to redeem its remaining euro-denominated debt to meet the terms of a takeover.

]]> 1.1533923 Tue, 18 Jun 2013 17:42:00 +0200 <![CDATA[Harmony to write-down Papua New Guinea mine]]> http://www.iol.co.za/harmony-to-write-down-papua-new-guinea-mine-1.1533913

Harmony Gold said it expected to write down a portion of the carrying value of its Hidden Valley mine in Papua New Guinea.

]]> 1.1533913 Tue, 18 Jun 2013 17:33:00 +0200 <![CDATA[Adidas sets sales goal in World Cup year]]> http://www.iol.co.za/adidas-sets-sales-goal-in-world-cup-year-1.1533899

German sportswear maker Adidas forecast record sales for its soccer business in 2014.

]]> 1.1533899 Tue, 18 Jun 2013 16:58:00 +0200 <![CDATA[NUM hands memo to Minopex]]> http://www.iol.co.za/num-hands-memo-to-minopex-1.1533895

National Union of Mineworkers (NUM) members handed a memorandum to the management and leadership of Minopex.

]]> 1.1533895 Tue, 18 Jun 2013 16:49:00 +0200 <![CDATA[GSK, Aspen in $1bn drugs deal]]> http://www.iol.co.za/gsk-aspen-in-1bn-drugs-deal-1.1533881

GlaxoSmithKline is discussing the sale of its thrombosis brands to Aspen Pharmacare in a deal that could be worth $1 billion.

]]> 1.1533881 Tue, 18 Jun 2013 16:02:00 +0200 <![CDATA[2400 Amplats miners released]]> http://www.iol.co.za/2400-amplats-miners-released-1.1533864

Mineworkers who were held underground at Anglo American Platinum's Thembelani mine in Rustenburg have been released.

]]> 1.1533864 Tue, 18 Jun 2013 15:17:00 +0200 <![CDATA[Standard Bank to fire 148 IT staff]]> http://www.iol.co.za/standard-bank-to-fire-148-it-staff-1.1533849

Standard Bank, said it would lay off 148 people in its information technology operations to reduce duplication of roles.

]]> 1.1533849 Tue, 18 Jun 2013 15:09:02 +0200 <![CDATA[Aspen jumps on latest GSK deal]]> http://www.iol.co.za/aspen-jumps-on-latest-gsk-deal-1.1533850

Shares of Aspen Pharmacare rise 4.2 percent to 192.75 rand after the generic drugs maker said it was in talks to buy thrombosis drugs from GlaxoSmithKline.

]]> 1.1533850 Tue, 18 Jun 2013 15:09:04 +0200 <![CDATA[Aspen to buy thrombosis drugs from GSK]]> http://www.iol.co.za/aspen-to-buy-thrombosis-drugs-from-gsk-1.1533770

Aspen Pharmacare said it would acquire the Arixtra and Fraxiparine/Fraxodi brands of thrombosis drug from GlaxoSmithKline.

]]> 1.1533770 Tue, 18 Jun 2013 13:59:00 +0200 <![CDATA[Brazil mining bill to test investors]]> http://www.iol.co.za/brazil-mining-bill-to-test-investors-1.1533728

Brazil plans to unveil a bill overhauling its 46-year-old mining law.

]]> 1.1533728 Tue, 18 Jun 2013 12:58:38 +0200