Implats extends its takeover offer for RBPlat by yet another month
Takeover Regulation Panel has been criticised for delaying the drawn-out process
29 March 2023 - 19:20
Impala Platinum (Implats) has extended its already drawn-out takeover offer for Royal Bafokeng Platinum (RBPlat) by another month while it awaits a takeover compliance certificate from the mergers & acquisition (M&A) watchdog.
Implats said on Wednesday it would extend its offer until April 28 pending the ruling from the Takeover Regulation Panel, which has come under criticism for delaying the M&A processes...
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