Date:	--/--/-- --:--:--
Event Id:	E55YP4EMM
Action Type:	ACQUISITION
Action Status:	ANNOUNCED
Acquirer Symbol:
Target Symbol:	ALTM
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	5.85
Price Per Share Currency:	USD
News References:	https://www.businesswire.com/news/home/20241008650501/en/

Action Notes

Rio Tinto and Arcadium Lithium plc today announced a definitive agreement (the "Transaction Agreement") under which Rio Tinto will acquire Arcadium in an all-cash transaction for US$5.85 per share.The Transaction has been unanimously approved by both the Rio Tinto and Arcadium Lithium Boards of Directors. The Transaction, which will be implemented by way of a Jersey scheme of arrangement, is expected to close in mid-2025. Key conditions to closing of the Transaction include approval of Arcadium Lithium shareholders and the Royal Court of Jersey. In addition, the Transaction is subject to receipt of customary regulatory approvals and other closing conditions.