South Africa's Impala Platinum to acquire North American Palladium for $758 million [Reuters]
IMPALA PLATINUM HLDGS ADR (IMPUY)
NASDAQ:AMEX Investor Relations:
implats.co.za/results-and-presentations.php
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Source: Reuters
South Africa's Impala Platinum to acquire North American Palladium for $758 million JOHANNESBURG, Oct 7 (Reuters) - South Africa’s Impala Platinum Holdings Ltd (Implats) on Monday said it would acquire the outstanding shares in Canadian-based North American Palladium Limited for $758 million. Implats said the transaction would “reposition its portfolio and strengthen its competitive positioning in line with its stated strategy by acquiring a palladium-rich, operating asset in an established mining jurisdiction”. (Reporting by Tanisha Heiberg Editing by Chris Reese) Our Standards: The Thomson Reuters Trust Principles.
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