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...