Impala Platinum Holdings Limited completed the acquisition of additional 41.8% stake in Royal Bafokeng Platinum Limited from Northam Platinum Holdings Limited for ZAR 13.1 billion.
Impala Platinum Holdings Limited (JSE:IMP) completed the acquisition of additional 41.8% stake in Royal Bafokeng Platinum Limited (JSE:RBP) from Northam Platinum Holdings Limited (JSE:NPH) for ZAR 13.1 billion on July 21, 2023. Shareholders of Royal Bafokeng Platinum have accepted the deal. Capital Markets South Africa (Pty) Ltd and The Standard Bank of South Africa Limited acted financial advisor to Impala. Alchemy Law Africa, ENSafrica and Nortons Inc. along with Davis Polk & Wardwell London LLP acted as legal advisor to Impala.