Implats holds almost 41% of RBPlats shares, and Northam has nearly 35%. Both companies had extended an offer to buy out all remaining RBPlat shareholders, although Northam was yet to post its offer circular.
Implats is close to closing out its offer, but the process has been frustrated by regulatory delays preventing it from obtaining a closure certificate from the Takeover Regulation Panel. The miner has warned that if the deal cannot reach a conclusion soon, it will be forced to walk away. Implats has also been waiting to hear from the Public Investment Corporation – the last RBPlats shareholder of significance – as to whether it will sell its near-10% stake.
Northam's decision comes just a day after Visio Capital Management publicly called for the company to drop its bid for RBPlat. As reported by Business Day, Viso argued Northam should walk away as"there is no justification for overpaying and risking the balance sheet".In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
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Business conditions in manufacturing slump for second month, reveals PMI | City PressActivity in the manufacturing sector declined for the second consecutive month in March, pointing to deteriorating business conditions in the sector, according to the Absa Purchasing Managers Index (PMI). deindustrialization Eskom Loadshedding Corruption brought to you by the 💚🖤💛
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BUSINESS REFLECTION: After the Bell: Can Musk turn Twitter into a bank?How much money have people who have bet against Elon Musk lost over the years? We actually can approximate the answer, because the US markets have now become more transparent about short selling, so you can calculate how much short sellers are losing or winning.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »
Operation clean audit: What lies behind Eskom's Treasury exemptions | BusinessMinister of Finance Enoch Godongwana has exempted Eskom from some provisions of the Public Finance Management Act. This is so Eskom can aim for a clean audit and clean up its reputation with lenders and investors. | politicsblahbla politicsblahbla What in the sweep clean the coffers of Eskom is going on... politicsblahbla Open the path for the useless corrupt money sucking parasites ministers of the VoetsekANC to carry on what they do best and thats to steal and loot the country empty politicsblahbla proves the point that the corruption runs all the way to top of the Government and they will do whatever it takes to hide it, but by doing to the are pointing their fingers straight back at themselves ENOUGH IS ENOUGH TIME FOR CHANGE RSA
แหล่ง: News24 - 🏆 4. / 80 อ่านเพิ่มเติม »
'A severe downturn in business': Owners to close restaurant where AKA, Tibz were murdered | News24The owners of the Durban restaurant where rapper Kiernan 'AKA' Forbes and his lifelong friend, Tebello 'Tibz' Motsoane, were killed in February this year say they have been left with no choice but to shut down operations. | NkoRaphael NkoRaphael Why we want the truth here we want those camera save if he is not guilty why he close😳.we see him😭💔 NkoRaphael Justice4AKA is more important. Sorry not sorry. RIPAKA NkoRaphael Bad publicity, business not doing well after the shooting
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