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Bacanora extends deadline for Ganfeng takeover offer

London-listed Bacanora Lithium has extended the deadline for China's Ganfeng Lithium to make a firm takeover offer until July 29, it confirmed on Thursday.

Oonagh Reidy
Bacanora Lithium has extended the deadline for Ganfeng Lithium to make a firm takeover offer

Bacanora Lithium has extended the deadline for Ganfeng Lithium to make a firm takeover offer

It follows the Chinese lithium player's initial bid to acquire the remaining Bacanora shares it does not already own for a possible cash offer of 67.5 pence per share in May - marking a 50% premium to...

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