02 May Wesfarmers plugs into EV industry with $776 million bid for Kidman Resources
Wesfarmers has made a AUS$776 million offer to buy ASX-listed lithium miner Kidman Resources, as the retail conglomerate looks for a pathway into the rising electric vehicle (EV) sector. The offer was pitched at a 47% premium to Kidman’s last closing price and has received the...