The new offer price is A$3 per share, higher than A$2.5 the company received in March.
($1 = 1.5504 Australian dollars)
(Reporting by Poonam Behura; Editing by Kim Coghill)
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(Reuters) - Australia's Liontown Resources said on Monday it recommended a revised takeover offer from U.S.-based Albemarle Corp valuing the company at A$6.6 billion ($4.26 billion).
The new offer price is A$3 per share, higher than A$2.5 the company received in March.
($1 = 1.5504 Australian dollars)
(Reporting by Poonam Behura; Editing by Kim Coghill)
Price
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Change
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5d. change
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Capi.
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---|---|---|---|---|---|
32,791.8 PTS | +1.50% | -1.91% | - | ||
2,358.55 PTS | +1.47% | -0.17% | - | ||
126.54 USD | -1.13% | +5.47% | 15 020 M $ | ||
1.315 AUD | -1.50% | -3.68% | 2 198 M $ | ||
1st Jan change | Capi. | |
---|---|---|
-41.65% | 15 020 M $ | |
+32.91% | 54 781 M $ | |
+11.82% | 44 740 M $ | |
+20.90% | 35 528 M $ | |
+5.43% | 17 377 M $ | |
+3.84% | 15 832 M $ | |
+32.35% | 9 877 M $ | |
-2.84% | 8 760 M $ | |
-27.88% | 8 278 M $ | |
-41.64% | 8 144 M $ |