Australian Lithium Producer Plans To Accept Albemarle's Acquisition Offer
Australian lithium producer Liontown Resources plans to accept Albermale’s latest buy offer which values the company at $4.32 billion.
Source: oilprice.com
Stay updated with breaking news from Revised Indicative Proposal. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Australian lithium producer Liontown Resources plans to accept Albermale’s latest buy offer which values the company at $4.32 billion.
Liontown Resources said that its board has unanimously recommended Albemarle’s revised bid of A$3 ($1.94) per share.
Westpac has pulled the plug on a takeover of Sydney-based Tyro Payments, which has nevertheless rejected a second offer from a Potentia Capital-led consortium.
The funds management heavyweight has rejected a sweetened takeover bid, as debate intensifies about its separate plan to merge with rival Pendal.