Lonmin, which was at the heart of a five-month unprotected strike in 2012 that saw more than 44 people killed in violent clashes in Marikana, said its trading on the JSE and London bourses would be suspended today after the scheme through which the merger would be implemented became effective on Friday.
Lonmin is expected to delist from the bourses at the end of the month, while the new Sibanye-Stillwater shares are scheduled to start trading on Thursday, June 13.
Sibanye-Stillwater has become one of the world’s leading platinum producers after shareholders approved the takeover of Lonmin, the world’s third-biggest platinum producer, last month....
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