Northam granted the right to intervene in Implats-RBPlat merger hearings
Competition Tribunal rules Northam can give evidence only on the proposed merger’s effects on the ore-processing market and on junior miners
23 June 2022 - 12:52
UPDATED 23 June 2022 - 13:27
Platinum miner Northam has been granted the right to give evidence at the merger hearings between Impala Platinum and Royal Bafokeng Platinum, a move that is likely to further delay the takeover bid.
In November, Implats offered R150 a share for all of RBPlat, after steadily increasing its ownership to 37.83% in a deal that was to have been completed by August 8...
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