Lonrho shareholders approve merger
Your support helps us to tell the story
As your White House correspondent, I ask the tough questions and seek the answers that matter.
Your support enables me to be in the room, pressing for transparency and accountability. Without your contributions, we wouldn't have the resources to challenge those in power.
Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election
Andrew Feinberg
White House Correspondent
Lonrho shareholders approve merger
Lonrho yesterday gained shareholder consent for the proposed merger of its platinum interests with those of Impala/Gencor. However, the conduct of the meeting was immediately criticised by Tiny Rowland, the founder of the company, who was opposed to the deal.
He said the company relied on the proxies of absent shareholders to vote the deal through.
Lonrho said the completion of the merger was now conditional only on the approval of the Impala shareholders at a meeting scheduled for December 5 and on regulatory and legal clearances.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments