Rio pays premium multiple for Arcadium in biggest deal since 2007

Rio Tinto (ASX, LON, NYSE: RIO) will acquire Arcadium Lithium (ASX: LTM)(NYSE: ALTM), in an all-cash transaction, valuing the latter at $6.7 billion, the Anglo-Australian giant confirmed on Wednesday.   Rio Tinto will acquire the United States-based lithium producer for...