Arcadium Lithium announces shareholder approval of Rio Tinto transaction

Arcadium Lithium (ALTM) “announced that it has obtained all requisite shareholder approvals in connection with the proposed acquisition by Rio Tinto (RIO) previously announced on October 9, 2024. As of this release, merger control clearance has been satisfied or waived in Australia, Canada, China, the United Kingdom and the United States (Hart-Scott-Rodino Antitrust Improvements Act of 1976). Additionally, investment screening approval has been satisfied in the United Kingdom. The proposed transaction is still expected to close in mid-2025, subject to the receipt of remaining regulatory approvals and other closing conditions.”