LTR News: UPDATE 2-Liontown extends due diligence for $4.2 bln Albemarle buyout - 12th Oct 2023, 9:40am

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(Recasts, adds details of Hancock Prospecting interest)

MELBOURNE, Oct 12 (Reuters) - Australia's Liontown Resources on Thursday said it would extend an exclusive due diligence period by a week for its proposed A$6.6 billion ($4.23 billion) buyout by U.S.-based Albemarle, even as an Australian billionaire muscles in.

Liontown had earlier granted the world's biggest lithium chemical maker a four-week period to examine its books and enable Albemarle to put forward a binding offer. Albemarle's du...

>>> Read more: UPDATE 2-Liontown extends due diligence for $4.2 bln Albemarle buyout
 
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