Livent Corp sees the majority owner of FMC Corp's decision to sell its entire stake by next spring as a step to help it compete in the fast-growing lithium market, the company's chief executive said on Tuesday.
"We are very pleased to have made a clear statement on what they intend to do," said Paul Graves, Managing Director. "This brings greater security to our employees and our investors. By the end of 2019, we should have the right to shareholders for Livent."
Reporting by Ernest Scheyder