ASX VIDEO (10 October): Lithium bid spurs shares of Arcadia Lithium

Market Update

Your browser doesn't support video. Visit Grafa

Rio Tinto's (ASX:RIO) $9.9 billion bid for Arcadium Lithium (ASX:LTM) has sent shares of the latter surging. 

Meanwhile, Mexican food chain Guzman y Gomez (ASX:GYG) reported a 21% jump in sales in the September quarter but its shares have slumped despite the positive news. 

Finally, auto parts manufacturer ARB Corporation (ASX:ARB) is nearing the completion of its acquisition of US business 4 Wheel Parts.