China's Ganfeng Lithium outbid in battle for M&A target Millennial - NewsBreak
By Sain in Business
Updated 3 years ago
(Reuters) - Ganfeng Lithium's deal to acquire Argentina-focused Millennial Lithium is under threat after Millennial received a rival takeover offer from a battery maker it thinks is superior to its earlier agreement with the Chinese company. Ganfeng, one of the world's biggest producers of lithium chemicals for electric-vehicle batteries, looked...