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Implats acquires 24% of Royal Bafokeng, offers to buy out remaining shares

Cecilia Jamasmie | November 29, 2021 | 4:04 am Markets News Top Companies Africa Palladium Platinum Rhodium 

Impala Platinum (JSE: IMP), also known as Implats, said on Monday it would make an offer to buy out smaller rival Royal Bafokeng Platinum (JSE: RBP) in which it acquired a 24.5% stake for 10.6 billion South African rand ($650.3 million)...

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