IHS Chemical Week

Talison accepts Tianqi bid

12:21 PM MST | December 7, 2012

China’s Chengdu Tianqi Industry Group (Tianqi; Tianqi, China) has reached an agreement with Talison Lithium (Perth, Australia) to purchase Talison for C$847 million ($855 million), or C$7.50/share. The agreement has the support of Talison’s board of directors, which has determined the proposal is superior to Rockwood’s C$724-million offer, which was agreed to in August. The agreed-upon offer from Tianqi is 15% higher than Rockwood’s C$6.50/share bid, and 77% higher than Talison’s closing price on 22 August, the day before the deal with Rockwood was...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 

Username:
Password:

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

 

 

If you are not yet a subscriber and would like to access the turnkey information found only in Chemweek’s Business Daily, subscribe now and you’ll get the most important news of the chemical industry delivered directly to your inbox—every day.

Sign up for a FREE 15-day trial of IHS Chemical Week Business Daily













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 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