Liontown Resources faces acquisition setback as Albemarle withdraws proposal
Emerging Tier-1 battery minerals producer, Liontown Resources Limited (ASX: LTR), shared a significant update on the non-binding indicative proposal they received from Albemarle Corporation. Initially offering A$3.00 in cash per Liontown share, Albemarle has now formally rescinded this proposal, declining any further intentions of acquiring Liontown. The initial indicative proposal had been publicized on 4 […]