Impala launches Afplats bid (February 26, 2007)

Impala Platinum (IMPUY-O, IPLA-L, IMPO-J) has made a takeover bid for junior platinum developer African Platinum (AFRPF-O, APP-L), 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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