Impala close to landing a bigger share of Zimplats

Zimbabwe Platinum Holdings (Zimplats) said yesterday that some of the company's major overseas shareholders were planning to accept a cash offer from the world's second-largest platinum producer.

Zimplats chief executive Roy Pitchford said a handful of shareholders in the US and Europe had indicated that while they were not necessarily happy with the $4.08-per-share offer by Impala Platinum Holdings, they were willing to sell.