Sibanye-Stillwater and Appian Capital Advisory have settled a four-year dispute over a terminated transaction, with a total payment of $215m. The agreement precludes further legal processes and costs, providing certainty for the group and stakeholders. Appian CEO Michael W. Scherb expressed satisfaction with the resolution, allowing focus on fund management and growth. Sibanye-Stillwater is a global mining and metals processing group. Recent deals include acquiring Metallix Refining for $82m and selling Beatrix 4 shaft in South Africa. The settlement comes ahead of a quantum trial, marking the end of a long legal battle.

Read more at Yahoo Finance: Sibanye-Stillwater, Appian reach settlement agreement to resolve four-year dispute