Albemarle submits revised proposal to acquire Liontown Resources

Albemarle Corporation submitted a non-binding revised proposal to acquire all outstanding shares of Liontown Resources Limited for A$3.00 per share, valuing Liontown at A$6.6 billion (US$4.3 billion). The Liontown board intends to recommend the proposal subject to a binding agreement and conditions.

“The Revised Proposal delivers an immediate premium for Liontown investors and is expected to drive significant value creation for Albemarle shareholders.”investors.albemarle.com

• 1 source
• investors.albemarle.comAlbemarle Corporation - Albemarle confirms non-binding agreement to acquire LiontownSep 3, 2023

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