{"id":2021052,"date":"2023-09-03T19:47:02","date_gmt":"2023-09-03T23:47:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/liontown-gets-sweetened-4-3-billion-buyout-offer-from-albemarle\/"},"modified":"2023-09-03T19:49:40","modified_gmt":"2023-09-03T23:49:40","slug":"liontown-gets-sweetened-4-3-billion-buyout-offer-from-albemarle","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/liontown-gets-sweetened-4-3-billion-buyout-offer-from-albemarle\/","title":{"rendered":"Albemarle offers Liontown a sweeter $4.3 billion buyout."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fliontown-gets-sweetened-4-3-billion-buyout-offer-from-albemarle%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2021052&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>(Reuters) &#8211; Australia\u2019s Liontown \u2063Resources has received a revised takeover offer from Albemarle Corp, and \u200dit&#8217;s causing quite a stir. The offer\u200c values \u200bthe \u200bcompany at a whopping A$6.6 billion ($4.26 billion), \u200bwith \u200ca new price of \u200bA$3 per\u2063 share. This is a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-brags-about-americans-real-wages-twitters-community-notes-levels-him\/\" title=\"Biden boasts about US wages, Twitter community disagrees.\">significant \u200dincrease<\/a> from the A$2.50 offer Liontown received\u200c back\u2064 in March.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>Liontown\u2019s board has decided to grant Albemarle,\u200d the world\u2019s largest\u200c lithium producer, a limited period of exclusive \u2063due \u2063diligence. This is\u2064 a\u2063 significant \u2064move for Liontown, as \u200bthey had previously rejected an approach from \u2062Albemarle that valued the company at A$5.50 billion.<\/p>\n<p>Albemarle&#8217;s previous offers to Liontown were A$2.20 per share in October 2020 and A$2.35 per share in\u2062 March 2021.<\/p>\n<p>($1\u200d = 1.5504 Australian dollars)<\/p>\n<p>  (Reporting by Poonam Behura; Editing by Kim Coghill and Christian Schmollinger)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/liontown-gets-sweetened-4-3\/attachment\/a-sign-at-the-approach-road-leads-to-albemarles-lithium\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>This\u2062 week has been filled with major headlines in the U.S and around the world<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Mark\u200c Mix of the \u2063National\u2063 Right to Work Legal Defense Foundation says his \u200dorganization is fighting Big Labor\u2019s Pro Act\u200c in Congress.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The \u200bHeritage Foundation\u2019s Brent Sadler says the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/friday-afternoon-update-soros-da-resigns-bud-light-tries-to-distance-itself-from-dylan-mulvaney-banking-worries-rise\/\" title=\"Soros' DA steps down, Bud Light disassociates from Dylan Mulvaney, banking concerns increase.\">recent drone attacks<\/a>\u200d on Russian soil may be intended to\u200c provoke a negotiated solution with Russia<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Joe Biden celebrates the \u200bUS \u2062Jobs\u2063 Report, hides Hunter\u2019s\u2063 job reports and delivered some <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/west-virginia-ag-moving-trumps-d-c-trial-to-west-virginia-is-a-win-for-everybody\/\" title=\"West Virginia AG: Shifting Trump's D.C. Trial to WV is a 'Win-Win'\">nice gas\u200c prices<\/a> just in time for Labor Day Weekend.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013\u2062 Cryptocurrency\u2063 exchange Gemini is trying to rally other creditors behind a plan\u2062 to wring more\u2062 money\u2064 out of bankrupt crypto\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Echo Wang NEW YORK (Reuters) \u2013 Arm \u200bHoldings Ltd is targeting a valuation between $50 billion to $55 billion for its\u2026\u200c <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) -Meta Platforms is considering paid versions of Facebook and Instagram with no \u200dadvertisements for users residing in the European Union (EU)\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013 Shares in Dell Technologies Inc\u200b rose\u2064 22.2% and \u2064hit a record high\u200d on Friday after it raised full-year \u200dfinancial forecasts\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Australia&#8217;s Liontown Resources has endorsed a revised takeover bid from Albemarle Corp, valuing the company at A$6.6 billion ($4.26 billion). The new offer of A$3 per share surpasses the previous A$2.50 offer received in March. Liontown&#8217;s board has decided to grant Albemarle, the largest lithium producer globally, access to its data room for due diligence.<\/p>\n","protected":false},"author":66,"featured_media":2021053,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2021052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2021052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2021052"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2021052\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2021053"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2021052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2021052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2021052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}