07
Jan
02:43
Tianqi to sell pledged SQM shares for repayment
Tianqi Lithium, China's leading supplier for lithium-ion battery core materials, has decided to sell its pledged type B shares of SQM, Chile's lithium production giant, to its financier Morgan Stanley, at the upcoming maturity of the two three-year equity forward contracts.
According to the announcement, the specific transaction price and transaction amount are currently unknown. The total pledged is made up of 2.58 million shares and …
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Anonymous
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