IHS Chemical Week

Regions :: North America

Rockwood and Talison Lithium terminate merger

9:44 AM MST | December 13, 2012 | Vincent Valk

Rockwood and Talison Lithium have agreed to terminate their merger agreement, under which Rockwood was to acquire Talison for C$724 million ($730 million), or C$6.50/share. Talison, however, accepted a rival bid for C$847 million, or C$7.50/share, from China’s Chengdu Tianqi Industry Group (Tianqi; Chengdu, China) earlier this month; Rockwood declined to match this bid. Talison will pay Rockwood a C$7-million break-up fee.   Talison shareholders are expected to vote on the deal with Tianqi in late February of next year, Talison says. The deal is...

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