Currently viewing Global edition

Implats looks to grow market share with RBPlat acquisition

Shares in Royal Bafokeng Platinum (RBPlat) jumped on Wednesday morning on news that the company is in talks to be taken over by fellow South Africa-focused platinum group metals producer Impala Platinum (Implats).

Implats looks to grow market share with RBPlat acquisition Implats looks to grow market share with RBPlat acquisition Implats looks to grow market share with RBPlat acquisition Implats looks to grow market share with RBPlat acquisition Implats looks to grow market share with RBPlat acquisition

A joint statement on October 27 said the two JSE-listed companies "are in discussions relating to a non-binding indicative proposal from Implats to acquire 100% of the issued ordinary shares of

topics

loader