Impala Platinum has launched a buyout offer for the shares in peer Royal Bafokeng Platinum that its doesn’t already own, valuing the miner at more than R43bn.
The cash and share offer of R150 represents an 80% premium to RBPlat’s 30-day volume-weighted share price before October 27, when the two parties had announced they were in talks...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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