July 27 (Reuters) - Atc Alloys Ltd ATA.AX :
* Recommended new takeover offer for ATA by Almonty Industries
* ATC Alloys recommends new offer for ATC Alloys under which almonty will offer
to acquire all of the shares in Atc
* Almonty to raise at least US$5.5 million
* Certain shareholders of ATC have entered into pre-bid acceptance agreements
in respect to 17.1% of ATC'S issued shares
* New offer is unanimously recommended by the directors of ATC, in the absence
of a superior proposal
* ATC and Almonty have agreed that the original offer is abandoned and will no
longer proceed
* Source text for Eikon ID:nASX8Fhnlr
*