Nov 23 Talison Lithium Ltd said China's
Chengdu Tianqi Industry Group Co has received Australian
regulatory approval for its proposed takeover, two days after
rival suitor Rockwood Holdings Inc said it was not
interested in a bidding war.
Perth-based, Toronto-listed Talison said on Friday that it
adjourned a meeting to vote on Rockwood's offer until
Talison also said it was continuing discussions with Chengdu
on its C$7.15 per-share offer.
Rockwood, a U.S.-based chemical producer, said late on
Tuesday that Australian authorities had approved its C$724
million ($725.71 million), or C$6.50 per-share, takeover.