The Competition Appeal Court ruled against the Association of Mineworkers and Construction Union (Amcu) in its appeal against a tribunal decision to conditionally approve Sibanye-Stillwater’s takeover of Lonmin.

Sibanye’s all-share bid for Lonmin has now cleared all the hurdles ahead of shareholder votes at both companies to approve the transaction, which will thrust Sibanye into one of the leading positions as a global platinum group metals (PGMs) producer...

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