IHS Chemical Week

Regions :: North America

Talison Lithium accepts bid from Tianqi, jeopardizing Rockwood deal

December 6, 2012 | Vincent Valk

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 agreement will likely end Rockwood’s attempt to buy Talison. The agreed-upon offer from Tianqi is 15% higher than Rockwood’s C$6.50/share bid, and 77%...

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 member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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

ihsCopyright © 2015 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