Implats makes R43bn buyout offer for RBPlat

Implats makes R43bn buyout offer for RBPlat

2021-11-29 11:13:00 AM

Implats makes R43bn buyout offer for RBPlat

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

Karl GernetzkyImpala Platinum (Implats) has launched a buyout offer for the shares in peer Royal Bafokeng Platinum (RBPlat) that it doesn’t already own, valuing the miner at more than R43bn.Implats is seeking at least a controlling shareholding in RPBlat, CEO Nico Muller said in a media call on Monday, eyeing a raft of benefits from the tie-up, and having already inked deals for almost a quarter of its shares...

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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

BREAKING NEWS: Implats makes R43bn buyout offer for RBPlatsImpala Platinum has tendered R150 per share, having already acquired a stake of almost a quarter

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