Implats makes R43bn buyout offer for RBPlat

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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 has launched a buyout offer for the shares in peer Royal Bafokeng Platinum 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...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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NAZEEM_G8 come look here, what did I tell you and this is after Northern Platinum offered to buy single share at R 150 🤔😂😂😂😂😂😂😂😂😎

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