GXY 0.00% $5.28 galaxy resources limited

rockwood holdings agrees to acquire talison

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    Rockwood Holdings Inc. (NYSE: ROC) announced today that it has entered into a definitive agreement with Talison Lithium Limited (TSX: TLH) to acquire all of the outstanding shares of Talison in an all-cash transaction for C$6.50 per share for an equity purchase price of approximately C$724 million, on a fully diluted basis (US$732, based on an exchange rate of C$1 = US$1.011635). The Board of Directors of Talison has unanimously recommended the transaction to Talison shareholders.


    http://www.reuters.com/article/2012/08/23/idUS113526+23-Aug-2012+BW20120823
 
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