Liontown Resources rejects US$3.7B acquisition proposal from Albemarle

Green Car Congress
By mmillikinMar 28, 2023, 7:16 am224 pts
Liontown Resources, an emerging battery minerals producer based in Australia, has rejected an unsolicited, conditional and non-binding indicative proposal from Albemarle Corporation, in which Albemarle would acquire all of the shares in Liontown at a price of A$2.50 per share—valuing the company at…

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