The $155.9 million cash purchase consideration for Reldan was financed through a $500 million senior unsecured guaranteed convertible bond issued in November 2023. The post Sibanye led by South African executive Neal Froneman completes $155.9 million acquisition of US metal business appeared first on Billionaires.Africa.
Reldan is a Pennsylvania-based company that provides services such as scrap metal recycling, refining, and waste handling for sectors including energy and electrical.