Albemarle confirms non-binding agreement to acquire Liontown at US$4.32B

Green Car Congress
By mmillikinSep 4, 2023, 9:00 am195 pts
Albemarle Corporation confirmed that it will be working toward the execution of a binding agreement to acquire Australia-based battery minerals company Liontown Resources Limited; the Revised Proposal values Liontown at A$6.6 billion or US$4.32 billion on an equity value basis. In March, Liontown Resources, an…

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