Deals
Talison to Talk With Chengdu Tianqi on $809 Million Bid
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Talison Lithium Ltd., an Australian producer of the metal, said it will begin talks with Chengdu Tianqi Industry Group Co. to determine if the Chinese company’s C$806 million ($809 million) takeover bid is “superior” to Rockwood Holdings Inc.’s competing offer.
Talison will consider factors including the funding of Chengdu Tianqi’s C$7.15-a-share bid and its timing, the Perth-based company said in a statement today.