Talison Lithium Has Not Received Chengdu Proposal

Talison Lithium Limited (TSX:TLH) says it has not received a proposal from Chengdu Tianqi Industry Group Co., Ltd regarding acquisition.

As quoted in the press release:

Talison confirms that it has not received any proposal from Tianqi.

In the absence of a Superior Proposal¹, the Talison Board unanimously recommends that Talison Securityholders vote in favour of the acquisition by Rockwood Holdings, Inc. of all of the Talison securities by way of schemes of arrangement.

Click here to read the Talison Lithium Limited (TSX:TLH) press release.