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An update from Arcadium Lithium Plc ( (ALTM) ) is now available.
On October 9, 2024, Arcadium Lithium Plc entered into a Transaction Agreement with Rio Tinto Western Holdings Limited and Rio Tinto BM Subsidiary Limited, through which Rio Tinto will acquire all outstanding shares of Arcadium for $5.85 per share. This transaction, expected to close on March 6, 2025, is structured as a scheme of arrangement sanctioned by the Royal Court of Jersey and involves a Make-Whole Fundamental Change under the Indenture governing Livent Corporation’s convertible senior notes.
More about Arcadium Lithium Plc
Arcadium Lithium Plc is a public limited company incorporated under the laws of the Bailiwick of Jersey, focusing on the lithium industry. The company is primarily involved in lithium production and its shares are listed on the Australian Securities Exchange.
YTD Price Performance: 12.21%
Average Trading Volume: 14,261,411
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $6.23B
For detailed information about ALTM stock, go to TipRanks’ Stock Analysis page.
