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Atlantic Lithium Agrees US$210 Million Takeover by Zhejiang Huayou Cobalt

10:34am on Thursday 7th of May, 2026 AEST Mining
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Atlantic Lithium Agrees US$210 Million Takeover by Zhejiang Huayou Cobalt

10:34am on Thursday 7th of May, 2026 AEST
Key Points
  • US$210 million all-cash acquisition proposal
  • 26.6% premium to last closing share price
  • Unanimous board and major shareholder support
  • Scheme subject to regulatory and shareholder approvals
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