Chemical Week Magazine :: Business & Finance :: United States/Americas
Rockwood says offer to acquire Talison is final
7:10 AM MST | November 30, 2012 | —Vincent Valk
Ghasemi: Bid for Talison is final. Rockwood received its last necessary regulatory approval for its C$724-million ($730 million) acquisition of Talison Lithium (Perth, Australia) and said that it will not raise its C$6.50/share bid for the company. The final regulatory approval came from the Australian Foreign Investment Review Board, Rockwood says. On 20 November, Chinese industrial conglomerate Chengdu Tianqi Industry Group (Tianqi; Tianqi, China) submitted a C$7.15/share bid for Talison. Talison’s board says it is reviewing Tianqi’s offer. Rockwood...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee