Brief: Lithium Power International Entered Deal To Sell Unit Western Lithium To Albemarle Lithium Pty
19/06/2023 23:08
June 19 (Reuters) - Lithium Power International Ltd
LPI.AX :
* LITHIUM POWER INTERNATIONAL LTD- ENTERED INTO A BINDING
AGREEMENT TO SELL UNIT WESTERN LITHIUM LTD TO ALBEMARLE LITHIUM
PTY LTD
* LITHIUM POWER INTERNATIONAL LTD- SALE AGREEMENT IS AN ALL
CASH-FOR-SHARES TRANSACTION AMOUNTING TO AUD$30 MILLION
* LITHIUM POWER INTERNATIONAL LTD- TRANSACTION INVOLVES
ALBEMARLE
LITHIUM PTY LTD ACQUIRING 100% OF WLI'S SHARES
Source text for Eikon: ID:nGNX7GLycX
Further company coverage: LPI.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Lithium Power International
See all newsBrief: Lithium Power International Says Scheme Of Arrangement Becomes Effective
Brief: Chile's Codelco Says Australian Authorities Approved Purchase Of Lithium Power
Australia's Lithium Power International surges on nod for buyout bid
Brief: Lithium Power International Says Foreign Investment Review Board Approval Received
Brief: Lithium Power International Says Shareholders Approved Proposed Scheme For Codelco To Acquire Co