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Sibanye-Stillwater and Lonmin have agreed on a recommended all-share offer for Sibanye-Stillwater to acquire the entire issued share capital of Lonmin, with each Lonmin shareholder receiving one new Sibanye-Stillwater share per Lonmin share.
“The Boards of Sibanye-Stillwater and Lonmin are pleased to announce that they have reached agreement on the terms of a recommended all-share offer.”sibanyestillwater.com
Summarized from public sources; check the original articles before acting on it.