Northam Platinum Invites Additional Suitors Following Unsolicited Offer

South Africa's Northam Platinum has announced it is inviting potential suitors to a competitive bidding process after receiving an unsolicited offer for a transaction from an unnamed major South African platinum miner. The company's board is seeking proposals for a range of potential asset-level or corporate transactions to identify the most favorable deal that would create and enhance shareholder value. Northam Platinum is South Africa's fourth-largest platinum group metal miner.