Market Chatter: Lynas Rare Earths Discussed Earlier Takeover Talks That Did Not Proceed, Says Reuters
MT Newswires Live
6 hours ago
Lynas Rare Earths (ASX:LYC) held takeover discussions earlier this year that ultimately did not progress, Reuters reported late Wednesday, citing a company spokesperson.
Chairman John Humphrey told investors at briefings that the talks had prompted the company to pause its search for a new chief executive to succeed Amanda Lacaze, who retired in June, the report added, citing three unnamed people.
The company did not immediately respond to an MT Newswires email request for comment.
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