Arcadium Lithium Plc Chess Depositary Interests Repr 1 Sh (AU:LTM) has released an update.
Arcadium Lithium Plc has announced an agreement to be acquired by Rio Tinto’s subsidiaries, with shareholders receiving $5.85 cash per share. The deal includes provisions for equity awards, with RSUs, Restricted Share Rights, and Stock Options being converted in relation to Rio Tinto shares. The transaction’s completion, expected in mid-2025, is subject to regulatory approvals and shareholder consent.
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