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11 Sep

Albemarle to begin due diligence in proposed Liontown takeover

US lithium giant Albemarle will soon begin the due diligence on Liontown Resources in the run-up to its proposed AUD 6.6 billion ($4.3 billion) acquisition of the Australia-based miner, Kallanish learns. Last week, Albemarle made its fourth and final offer to acquire Liontown for AUD 3 cash/share. At the time, the Liontown board granted Albemarle “a limited period of exclusive due diligence” to submit a binding proposal, subject to the firms agreeing o…
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Reethu Ravi  |  UK
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