Announced
Completed
Financials
Tags
Platinum and Precious Metals
Friendly
platinum mining
Majority
Single Bidder
South Africa
Acquisition
Domestic
Public
Completed
Synopsis
Impala Platinum, a platinum mining firm, completed the acquisition of the remaining stake in Royal Bafokeng Platinum, a platinum exploration firm, for $2.7bn. “Our ambition is to develop to a control position. We see the shareholder support that we got already as a proxy of potential support that we can expect going forward," Nico Muller, Impala Platinum CEO.
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