Griffith, who has been talking to investors to try to persuade them of the merits of the deal, said Gold Fields was “very much on track” to get the deal approved by shareholders at a meeting expected by early November.
“We’re making encouraging progress. I think most of the shareholders are starting to understand the rationale for the deal, the strategy of the company, why Yamana, why the price,” Griffith told Reuters in an interview.
He added a circular for the transaction to be sent out between late September and early October, which would give investors more detailed information on which to judge the deal.
“Given the fact that we had spent seven months doing due diligence, it was highly unlikely that shareholders were going to understand it on day one,” he said.
