AQP aquarius platinum limited
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News: AQP Competition Tribunal conditionally approves Sibanye-Aquarius Platinum deal

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    17/03/16
    02:33
    Post #: 17294798

    March 16 (Reuters) - South Africa's Competition Tribunal:

    • Has approved the merger of Sibanye Rustenburg Platinum Mines Proprietary Ltd and Rustenburg Mines, subject to certain conditions
    • Has approved the merger of Sibanye Platinum Bermuda Proprietary Ltd and Aquarius Platinum Limited, subject to certain conditions
    • In Sibanye's merger with Rustenburg Platinum retrenchments as a result of the consolidation shall be limited to 260 employees.

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