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Bacanora Lithium accepts Ganfeng’s $391 million takeover offer

Cecilia Jamasmie | August 27, 2021 | 3:41 am News China Mexico and Central America Lithium 

China’s Ganfeng Lithium, one of the world’s top producers of the battery metal, is going ahead with the takeover of Bacanora Lithium (LON: BCN) as the Mexico-focused explorer and developer has accepted a sweetened £284.8 million (about $391m) cash offer.  Ganfeng increased its original bid, submitted in early May, to 73.6 pence per Bacanora share in cash...

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