Pilbara Minerals’ $371m takeover of Latin Resources: What this game-changing acquisition means for the lithium industry

Pilbara Minerals’ $371m takeover of Latin Resources: What this game-changing acquisition means for the lithium industry

Australian lithium mining company Pilbara Minerals has announced a major acquisition of Latin Resources in a binding scheme implementation agreement (SIA) valued at approximately A$559.9 million (US$371 million). This all-share transaction will see Latin Resources’ shareholders receive 0.07 new Pilbara Minerals shares for each share they hold, marking a 57% premium over Latin Resources’ 10-day […]