Liontown (LTR AU) Rebuffs Albemarle’s Advances

Mar 28, 2023

∙ Paid

Lithium play Liontown Resources (LTR AU) has now thrice rejected Albemarle Corp (ALB US)'s proposals.
Liontown has labeled Albermarle's third bid of A$2.50/share as opportunistic.
Albemarle has picked up 2.2% in Liontown. But that is dwarfed by Tim Goyder's (chairman)'s 15% stake, who is not engaged at the current bid price.

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