Implats adds to its RBPlat stake

Impala Platinum has reached agreements for another 0.33% stake in Royal Bafokeng Platinum , bringing its holding in its acquisition target to 32.26%.

Implats, the world’s third-biggest platinum miner, surprised the market earlier in December with news it had made a R150 per share offer to RBPlat shareholders, seeking at least majority control of its peer...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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