Not exactly correct.
If ALB acquires LTR, LTR would certainly be delisted from ASX, but would still continue as an Aust registered company (100% of shares owned by ALB, so effectively would be a subsiduary of the ALB group).
It would still be a company and have a board of directors, all "handpicked" by ALB, and prob most already being on ALB board or ALB mgt.
Pretty sure it would not include GR.
Ann: Albemarle indicative proposal - due diligence to commence, page-275
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Last
79.5¢ |
Change
0.015(1.92%) |
Mkt cap ! $1.946B | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 82.0¢ | 79.0¢ | $6.932M | 8.658M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 89614 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 389691 | 49 |
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| Last trade - 12.55pm 16/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |