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Liontown gets sweetened $4.3 billion buyout offer from Albemarle


(Reuters) – Australia’s Liontown Resources said on Monday it recommended a revised takeover offer from U.S.-based Albemarle Corp valuing the company at A$6.6 billion ($4.26 billion).

The new offer price is A$3 per share, higher than A$2.5 the company received in March.

($1 = 1.5504 Australian dollars)

(Reporting by Poonam Behura; Editing by Kim Coghill)

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