Arcadium Lithium Announces Closing Timetable for Acquisition by Rio Tinto

Arcadium Lithium Plc Chess Depositary Interests Repr 1 Sh ( (AU:LTM) ) has provided an update.

Arcadium Lithium Plc has announced the closing timetable for its acquisition by Rio Tinto, following the receipt of all necessary regulatory approvals. The acquisition will result in the delisting of Arcadium Lithium’s shares from both the NYSE and ASX, with CDI holders receiving a cash consideration of US$5.85 per CDI. The transaction is expected to be finalized shortly after the sanction hearing on March 5, 2025, with payments to CDI holders commencing around March 14, 2025.

More about Arcadium Lithium Plc Chess Depositary Interests Repr 1 Sh

Arcadium Lithium Plc is a company operating in the lithium industry, focusing on the production and distribution of lithium products. The company is listed on the New York Stock Exchange and the Australian Securities Exchange, indicating its significant presence in the global market.

YTD Price Performance: 12.20%

Average Trading Volume: 1,366,259

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$9.94B

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