Impala launches Afplats bid (February 16, 2007)

Impala Platinum (IMPUY-O, IPLA-L, IMP-J) has made a takeover bid for junior platinum developer African Platinum (APP-L, AFRPF-O), valuing the company at 297 million (US$579 million).Implats is offering 0.55 per share, which is a premium of 52% over Afplats's 30-day...

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