RIO.AU, ALTM

, ALTM

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Date: --/--/-- --:--:--
Event Id: E55YP4EMN
Action Type: ACQUISITION
Action Status: COMPLETED
Acquirer Symbol:
Target Symbol: ALTM
Updated: --/--/-- --:--:--
Purchase Price Per Share: 5.85
Price Per Share Currency: USD
News References: https://www.riotinto.com/en/news/releases/2025/rio-tinto-completes-acquisition-of-arcadium-lithium

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. Arcadium shareholders approved the transaction on 12/23.Arcadium Lithium expects the proposed transaction to close before mid-2025. On 02/13, it was announced that all required regulatory approvals have been received. A court hearing is scheduled for 03/05, and closing is expected to occur on 03/06.