Galaxy and Orocobre to merge in a A$4B deal, establishing top 5 lithium company

(Kitco News) – Orocobre (ASX:ORE, TSX:ORL) and Galaxy Resources (ASX:GXY) announced that they have entered into a binding Merger Implementation Deed under which the two companies will merge via a Galaxy Scheme of Arrangement pursuant to which Orocobre will acquire 100% of the shares in Galaxy.

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