North American Palladium: Implats expects merger with NAP to be finalised by mid-December

JSE-listed Impala Platinum (Implats) has progressed with due diligence for the acquisition of outstanding shares in TSX-listed North American Palladium (NAP). The $758-million, or R11-billion, merger has been approved by the Canadian and German competition authorities, as well as the South African Reserve Bank in terms of exchange control regulations.