03:40 PM EST - Talison Lithium Limited : announced today that it has entered into a definitive Scheme Implementation Agreement with Rockwood Holdings, Inc. under which it is proposed that Rockwood, or a wholly-owned entity of Rockwood, will acquire 100% of the ordinary shares in the capital of Talison by way of a Scheme of Arrangement under the Australian Corporations Act 2001 for cash consideration of $6.50 per share. This values the equity of Talison at approximately $724 million on a fully diluted basis. Talison Lithium Limited
shares T.TLH are trading up $2.25 at $6.49.
