Impala Platinum ends takeover bid for Royal Bafokeng Platinum
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Impala Platinum has reached an agreement with the Public Investment Corporation to acquire its stake in Royal Bafokeng Platinum. The PIC has sold its 9.26% share, which lifts Implats stake in the mid-tier miner to 55.46%. Business Day Tv discussed what holding the majority stake in RBPlat means for Impala Platinum with CEO Nico Muller.