Aquarius Platinum Takeover By Sibanye Gold To Complete In Early April

LONDON (Alliance News) - Aquarius Platinum Ltd on Thursday said all conditions have now been fulfilled to complete its sale to Sibanye Gold Ltd.

Sibanye agreed a deal to acquire Aquarius for GBP194.2 million in October 2015 and last week secured South African competition approval, the final regulatory approval needed for the deal to be completed.

Aquarius shares will be cancelled from the London market as of April 4.

Shares in the company were down 1.5% at 13.55 pence on Thursday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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