IHS Chemical Week

World News and Views :: Top of the News

Chinese firm plans rival bid for Talison Lithium

8:22 AM MST | November 13, 2012 | Rebecca Coons

Chengdu Tianqi Industry Group (Tianqi) announced yesterday that its wholly owned subsidiary Windfield Holdings has acquired 14.99% of Talison Lithium (Perth, Australia), and intends to submit a proposal to acquire all remaining shares before Talison's shareholders meet to consider the recent $730-million takeover bid by Rockwood Holdings. Tiangi says its bid will be higher than Rockwood's C$6.50/share, but has "not yet finalised the price under any such proposal." Talison shares rose 9% yesterday, to $7.04/share. Talison, however, says it has not...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa