Arcadium Lithium Plc Chess Depositary Interests Repr 1 Sh (AU:LTM) has released an update.
Arcadium Lithium Plc has entered into a definitive agreement for a cash acquisition by Rio Tinto subsidiaries at $5.85 per share. The deal, subject to regulatory approvals and shareholder consent, is set to close in mid-2025 and includes provisions for the exchange of equity awards for Rio Tinto shares. This strategic acquisition will see the transfer of all outstanding ordinary shares and equity awards of Arcadium to the buying parties.
For further insights into AU:LTM stock, check out TipRanks’ Stock Analysis page.