Rio Tinto bets on lithium with $6.7bn Arcadium takeover
Updated: 2024-10-10 13:48:49
The mining giant said it would purchase the Philadelphia-based company for $5.85 per share, a 90 per cent premium to its closing share price on Friday.
One of Britain's biggest housebuilders saw its shares plunge 22.6% to 985.5p by early afternoon, making them the FTSE 250 Index's biggest faller.