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)

Source: The North Africa Journal October 07, 2019 15:33 UTC