26 Mar Wesfarmers makes $1.5 billion bid for rare earths miner Lynas Corp
Wesfarmers has made a surprise AUS$1.5 billion offer to buy Lynas Corp, an ASX-listed rare earths producer that is currently embroiled in a regulatory dispute with Malaysian authorities. The Australian conglomerate’s $2.25 per share all-cash offer represents a 44.7% premium to Lynas’s closing share price on...