29 May Lonmin shareholders green light Sibanye’s $286 million takeover bid
Sibanye-Stillwater is set to become the world’s largest platinum producer after its US$286 million offer to buy Lonmin was approved by the majority of the struggling PGM miner’s shareholders. Investors owning nearly 99% of Lonmin’s stock voted in favour of Sibanye’s all-share offer, which had been...