Stratrix
On the Record · Sibanye Gold

Sibanye Gold acquisitions, on the record

The businesses Sibanye Gold bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Aquarius Platinum Limited
Word for word“On 6 October 2015, Sibanye announced a cash offer of US$0.195 per share for the entire issued share capital of Aquarius Platinum Limited (Aquarius) (the Aquarius Transaction and, together with the Rustenburg Operations Transaction, the Acquisitions).” 20-F for 2016
acquisition——
Rustenburg Operations (Bathopele, Siphumelele (including Khomanani), and Thembelani (including Khuseleka) mining operations)
Word for word“The effective date of the implementation of the transaction was 1 November 2016, when Sibanye took over legal ownership and management of the Rustenburg Operations.” 20-F for 2016
agreed acquisition——
Stillwater Mining Company
Word for word“Our proposed transaction, announced on 9 December 2016, to acquire Stillwater Mining Company (Stillwater) for US$2.2 billion in cash will be funded by bridge finance to be led by Citi and HSBC and which has been syndicated by a total of 16 banks.” 20-F for 2016
agreed acquisitionannounced on 9 December 2016US$2.2 billion in cash
Stillwater Mining Company (Stillwater)
Word for word“On 9 December 2016, Sibanye-Stillwater announced it had reached a definitive agreement to acquire Stillwater Mining Company (Stillwater) for US$18 per share in cash, or US$2,200 million in aggregate (the Stillwater Transaction).” 20-F for 2017
agreed acquisition9 December 2016US$2,200 million in aggregate
Rustenburg operations
Word for word“The effective date of the implementation of the transaction was 1 November 2016, when Sibanye-Stillwater took over legal ownership and management of the Rustenburg operations.” 20-F for 2017
acquisition1 November 2016—
Aquarius Platinum Limited (Aquarius)
Word for word“On 6 October 2015, Sibanye-Stillwater announced a cash offer of US$0.195 per share for the entire issued share capital of Aquarius Platinum Limited (Aquarius) (the Aquarius Transaction and, together with the Rustenburg operations Transaction and the Stillwater Transaction, the Acquisitions).” 20-F for 2017
acquisition6 October 2015US$0.195 per share
Lonmin plc
Word for word“On 14 December 2017, the boards of Sibanye-Stillwater and Lonmin plc (Lonmin) announced that they had reached agreement on the terms of a recommended all-share offer pursuant to which Sibanye-Stillwater, and/or a wholly-owned subsidiary of Sibanye-Stillwater, would acquire the entire issued and to be issued ordinary share capital of Lonmin, which is a major mine-to-market producer of PGMs with core operations in South Africa (the Lonmin Acquisition).” 20-F for 2018
agreed acquisitionOn 14 December 2017—
Rustenburg operation
Word for word“The effective date of the implementation of the Rustenburg operation Transaction was 1 November 2016, when Sibanye-Stillwater took over legal ownership and management of the Rustenburg operation.” 20-F for 2018
acquisition1 November 2016—
SFA (Oxford)
Word for word“To support the implementation of this strategic positioning and continued delivery of value to stakeholders, Sibanye-Stillwater has agreed to acquire SFA (Oxford), pending certain conditions.” 20-F for 2018
agreed acquisition——

Read from Sibanye Gold’s annual reports (20-F for 2018, 20-F for 2017, 20-F for 2016) and the financial data it files with the SEC, as of 2019-04-09. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.