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Lonmin shareholders approve takeover by Sibanye-Stillwater

LONDON, May 28 (Reuters) - A majority of Lonmin's shareholders approved on Tuesday the takeover of the platinum producer by South Africa's Sibanye-Stillwater at a meeting in London.

Earlier on Tuesday, Sibanye-Stillwater shareholders approved the plan to take over Lonmin to create the world's second-largest platinum producer. Both shares climbed on the news. (Reporting by Zandi Shabalala Editing by Edmund Blair)