Stock Market News
Allkem to merge with US lithium producer Livent Corp in $10 billion deal – report
2023.05.10 05:03
© Reuters. FILE PHOTO: The company logo for lithium producer Livent Corp is displayed on a screen at the New York Stock Exchange (NYSE) during the company’s IPO in New York, U.S., October 11, 2018. REUTERS/Brendan McDermid
(Reuters) – Australian lithium miner Allkem Ltd has inked a $10 billion merger agreement with U.S.-based chemical manufacturing firm Livent (NYSE:) Corp, the Australian Financial Review reported on Wednesday.
The deal is anticipated to be announced overnight in the U.S., the report said.
