S. Africa competition tribunal OKs Sibanye acquisition of Lonmin

Shares in struggling South African platinum producer Lonmin (LON:LMI) climbed Wednesday after the South African Competition Tribunal approved the company’s takeover by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), with conditions By late afternoon, Lonmin had climbed 8% to 48.12p, while Sibanye was slightly...