AZS azure minerals limited
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News: AZS Australian lithium miner gets improved $1.1 bln bid from Chile's SQM, Hancock Prospecting

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    19/12/23
    09:45
    Post #: 71520226

    Dec 19 (Reuters) - Australia's Azure Minerals (AZS) said on Tuesday it has received a sweetened A$3.70 per share takeover offer from Chile's SQM SQMA.SN and Hancock Prospecting to buy the lithium developer, up from the prior offer of A$3.52 per share.

    The sweetened deal implies an equity value of A$1.70 billion ($1.14 billion) for Azure.

    ($1 = 1.4919 Australian dollars)

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