Talison to be bought by Tianqi for $855.4m

By Siobhan Lismore-Scott
Published: Thursday, 06 December 2012

Talison recommends Tianqi “superior offer”; Rockwood has five days to match

China’s Chengdu Tianqi Industry (Group) Co., Ltd will buy Talison Lithium Ltd for C$848m ($855.4m), or a cash consideration of C$7.50/share, unless Rockwood Holdings matches the offer, Talison said today.

“Talison is pleased to have reached agreement with Tianqi at the increased price of C$7.50 per share under the Tianqi...

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