LYC lynas rare earths limited

News: LYC Deals of the day-Mergers and acquisitions

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Feb 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:

    ** Stellantis STLAM.MI Chairman John Elkann said the automaker had no M&A plans in response to press speculation about a possible French-led merger with rival Renault RENA.PA .

    ** Steelmaker Acerinox ACX.MC has agreed to buy U.S. alloys manufacturer Haynes International for $798 million, the Spanish company said.

    ** Chinese conglomerate Fosun International 0656.HK is exploring the sale of a minority stake in its luxury resort chain Club Med, targeting a valuation of $800 million for the whole business, according to two people with knowledge of the matter.

    ** South Africa's MultiChoice Group MCGJ.J said it will not continue talks with Vivendi's VIV.PA Canal Plus after the board concluded that its offer significantly undervalues the company.

    ** Australia's Lynas Rare Earths (LYC) said confidential talks have ended with U.S.-based MP Materials MP.N for a possible merger that industry sources said would have been difficult for the sides to agree on a value.

    ** Keppel Infrastructure Trust (KIT) KEPL.SI said that it will acquire an around 98.6% stake in Ventura Motors, the largest bus service business in Victoria, Australia, for an enterprise value of A$600 million ($390 million).

    ** Australian gold miner Red 5 (RED) will takeover rival Silver Lake Resources (SLR) to build a mid tier gold company valued at $1.5 billion, the two companies said in a joint statement.

    ** Australia's Metcash (MTS) said it entered deals to acquire three separate businesses, including private-equity firm Quadrant-owned Superior Food, for a total enterprise value of A$558.5 million ($363.47 million).

    ** Zee Entertainment ZEE.NS can ask an Indian tribunal to enforce a $10 billion merger with Sony's Indian unit after a Singapore arbitration centre rejected an emergency petition by the Japanese company for a stay of proceedings, Zee said on Sunday.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$9.13
Change
-0.150(1.62%)
Mkt cap ! $8.540B
Open High Low Value Volume
$9.30 $9.35 $9.10 $21.86M 2.384M

Buyers (Bids)

No. Vol. Price($)
2 5751 $9.09
 

Sellers (Offers)

Price($) Vol. No.
$9.15 5000 1
View Market Depth
Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.