Articles Tagged "NYSE:ROC"

Rockwood Holdings Still Hoping for Talison Takeover

Mineweb reported that Rockwood Holdings Inc. (NYSE:ROC), whose plan to buy Talison Lithium Ltd. (TSX:TLH) was derailed by Chengdu Tianqi Industry Group Co. Ltd. late last year, has not yet reallocated the funds it had planned to use for the purchase. Further, it has no plans to do so until Chengdu Tianqi's deal is a "sure thing."

Talison Lithium Recommends Tianqi Proposal, Snubs Rockwood

Talison Lithium Ltd. (TSX:TLH) announced that after finishing discussions with a wholly-owned subsidiary of Chengdu Tianqi Industry Group Co. Ltd., it has agreed to allow Tianqi to acquire the balance of ordinary Talison shares that it does not already own. The decision means that Tianqi's bid was deemed more favorable than the one put forward by Rockwood Holdings Inc. (NYSE:ROC).