April 9, 2019 / 12:03 AM / 15 days ago

REFILE-Wesfarmers reiterates Lynas offer, says could ease conditions

(Refiles to remove extraneous character in headline)

April 9 (Reuters) - Australia’s Wesfarmers Ltd said on Tuesday it is still interested in acquiring Lynas Corp Ltd and could table a less conditional bid for the only major producer of rare earth elements outside China.

An initial offer of A$1.5 billion ($1.1 billion) by the retail-to-chemicals conglomerate was previously rebuffed by Lynas’ board, which termed the deal “highly conditional”.

$1 = 1.4041 Australian dollars Reporting by Aditya Soni in Bengaluru; editing by Richard Pullin

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