(Reuters) – Australia’s Liontown Resources said on Monday it recommended a revised takeover offer from U.S.-based Albemarle Corp valuing the company at A$6.6 billion ($4.26 billion).
The new offer price is A$3 per share, higher than A$2.5 the company received in March.
($1 = 1.5504 Australian dollars)
(Reporting by Poonam Behura; Editing by Kim Coghill)
