Impala hell-bent on acquiring 100% of Royal Bafokeng Platinum | Fin24

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Impala hell-bent on acquiring 100% of Royal Bafokeng Platinum | Fin24
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The platinum miner says the endgame in the tussle for RBPlats to acquire the entire company.

Royal Bafokeng Platinum se Styldrift is ’n gemeganiseerde ondergrondse myn in Noordwes.

Despite a messy tussle for control of Royal Bafokeng Platinum, Impala Platinum remains hellbent on acquiring 100% of the company. "The end position is going to be 100% control of the company," Impala Platinum CEO Nico Muller told delegates at the Platinum Group Metals Industry Day which took place in Johannesburg on Wednesday."It may take a while, and obviously we will have to forge a different path than what we envisaged originally."

Muller said there were still regulatory and other processes that will unfold,"and on conclusion of that there will be tactics, strategies, developed to pursue our end goal, which we will continue to do aggressively".Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.

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