Alpha Lithium rejects buyout bid by Tecpetrol

Spain-incorporated Tecpetrol Investments has revealed it approached Canada’s Alpha Lithium (NEO: ALLI) (OTCMKTS: APHLF) with a C$241 million ($178m) all-cash offer, which the target reportedly “refused to consider.” Tecpetrol said the bid for Alpha Lithium, which is active in the Tolillar...