MELBOURNE, March 2 (Reuters) - CATL 300750.SZ , the world's largest battery maker, has sold its nearly 5% stake in Australian lithium producer Pilbara Minerals Ltd (PLS) for A$601 million ($405.86 million), according to a term sheet seen by Reuters on Thursday.
CATL bought its 4.9% stake for A$0.30 cents a share in the depths of the 2019 lithium downturn, before offering the stake, representing 146 million shares, to the market at A$4.10 each. Goldman Sachs and UBS are bookrunners.
That has netted CATL A$554.8 million ($374.66 million).
($1 = 1.4808 Australian dollars)
MELBOURNE, March 2 (Reuters) - CATL 300750.SZ , the world's...
-
- There are more pages in this discussion • 91 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.11 |
Change
-0.090(2.81%) |
Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.17 | $3.06 | $206.5M | 66.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212414 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1870994 | 18 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |