Implats grabs new chance to build RBPlat stake

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South Africa Headlines News

Impala Platinum has tendered R150 per share, having already acquired a stake of almost a quarter

Impala Platinum maintained its more than a decade-old determination to buy Royal Bafokeng Platinum , making an offer on Monday that values the smaller mining company at more than R43bn and raising the slim prospect of a bidding war with Northam Platinum.

Implats, the world’s third-biggest platinum miner, has been pursuing RBPlat for more than a decade, seeing an opportunity to own low-cost, mechanised shafts and to extend the life of its own deep-level operations in Rustenburg...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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 /  🏆 12. in ZA

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BREAKING NEWS: Implats makes R43bn buyout offer for RBPlatsImpala Platinum has tendered R150 per share, having already acquired a stake of almost a quarter
Source: BDliveSA - 🏆 12. / 63 Read more »

Implats makes R43bn buyout offer for RBPlatImpala Platinum has tendered R150 per share, having already acquired a stake of almost a quarter MaanoMadima 😂
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Implats makes R43bn buyout offer for RBPlatImpala Platinum has tendered R150 per share, having already acquired a stake of almost a quarter NAZEEM_G8 come look here, what did I tell you and this is after Northern Platinum offered to buy single share at R 150 🤔😂😂😂😂😂😂😂😂😎
Source: BDliveSA - 🏆 12. / 63 Read more »