Japanese giants back Lynas
amid Wesfarmers pursuit, Malaysia demandsBrad ThompsonReporterApr 8, 2019 — 10.16am
SaveShareTwo Japanese heavyweight corporations have set the scene for a showdown with Wesfarmers over control of Lynas Corporation.Leading trading firm Sojitz Corporation, Lynas’s exclusive distribution partner in Japan, broke its silence on the Wesfarmers’ indicative $1.5 billion takeover bid for Lynas on Monday, saying “we look forward to continuing to grow our business alongside our colleagues in the Lynas management team”.
so............................looking in future........................GOODBYE MALAYSIA!!!!
News: LYC Lynas sees value in initial ore processing in Australia, page-11
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