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Implats says it has beefed up its stake in RBPlats to almost a third

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The group, which is seeking control of Royal Bafokeng Platinum, says it has inked agreements that will bring its holding to 31.94% of its shares

Impala Platinum , the world’s third-biggest platinum miner, says it has built up its stake in acquisition target Royal Bafokeng Platinum to almost a third.

Implats surprised the market on Monday with news it had made a R150 per share offer to RBPlats 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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