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Wesfarmers lobs opportunistic bid for Lynas

MAJOR diversified conglomerate Wesfarmers is looking to make a A$1.5 billion cash bid for ASX rare earths leader Lynas Corp.

Michael Quinn
Lynas CEO Amanda Lacaze has overseen a big operational turnaround at the rare earths major

Lynas CEO Amanda Lacaze has overseen a big operational turnaround at the rare earths major

Subject to Lynas allowing due diligence, the $40 billion company is offering to pay $2.25 per Lynas share, representing a 45% premium to the rare earth producer's last trading price and a 36% premium to...

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