Cash-rich Implats revives idea of merging with RBPlat

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Cash-rich Implats revives idea of merging with RBPlat🔒

Impala Platinum signalled on Thursday that it is interested in a merger with Royal Bafokeng Platinum after the world’s third-largest miner of the metal showed a dramatic improvement in its annual financials.

Implats was also actively studying two other potential opportunities and was open to selling some of its own assets, CEO Nico Muller said on Thursday.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Source: News Formal (newsformal.com)

 

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