JOHANNESBURG, Oct 7 (Reuters) - South Africa's Impala Platinum Holdings Ltd (Implats) IMPJ.J on Monday said it would acquire the outstanding shares in Canadian-based North American Palladium Limited PDL.TO for $758 million.
Implats said the transaction would "reposition its portfolio and strengthen its competitive positioning in line with its stated strategy by acquiring a palladium-rich, operating asset in an established mining jurisdiction".