Lynas discloses failed takeover talks as CEO search resumes

Reuters · 2 hours ago
  • Lynas Rare Earths said it held takeover discussions earlier this year, but the talks ended without a transaction.
  • The discussions led Lynas to suspend its search for a permanent CEO; the company now says the search continues with Pol Le Roux serving as interim CEO.
  • The disclosure adds M&A uncertainty around the world's largest rare-earth producer outside China.

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high level of uncertaintyLynas Rare Earths spokesperson

Sources