Northam and Impala show no signs of giving up battle for RBPlat
Public Investment Corporation, which owns 10% of the target company, may well have the final say in takeover tussle
03 April 2022 - 07:17
Northam Platinum intends to gain control of Royal Bafokeng Platinum (RBPlat) after acquiring a 34.68% shareholding in the company last year in line with its long-term growth and diversification strategy.
Northam acquired the stake from Royal Bafokeng Investment Holding Company in November — at a time when rival Impala Platinum (Implats) announced plans to take full control of RBPlat...
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