Company Announcements

Arcadium Lithium Plc Agrees to Rio Tinto Buyout

Arcadium Lithium Plc Chess Depositary Interests Repr 1 Sh (AU:LTM) has released an update.

Arcadium Lithium Plc has announced a definitive agreement for a cash acquisition of its outstanding ordinary shares by Rio Tinto BM Subsidiary Limited. Shareholders of Arcadium will receive $5.85 per share, as per the arrangement under the Companies (Jersey) Law 1991. The transaction details and pertinent documents, including a forthcoming proxy statement, will be available to Arcadium’s shareholders through the SEC’s website and the company’s investor relations page.

For further insights into AU:LTM stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App