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Teck Resources Ltd.’s biggest shareholder, China Investment Corp., currently favors Glencore Plc’s takeover plan that would allow investors to exit their coal exposure in return for cash, ...
Investors have yet to embrace Canadian miner Teck Resources Ltd's proposal to spin off its highly polluting coal business and focus on production of copper to help supply society's move toward ...
Teck shares are jumping, after the Canadian miner revealed it had rebuffed a $23 billion merger approach from bigger rival Glencore. That suggests investors believe the unsolicited, all-share bid ...
Teck Resources said on Tuesday it has received several proposals for its steelmaking coal business, without revealing if one included a revised offer from Swiss trading and mining firm Glencore ...
Glencore publicly announced its unsolicited offer on April 3rd. Its boss, Gary Nagle, said that the deal, with an implied premium of 20% over Teck’s share price, would cut costs and unlock ...
Canadian miner Teck Resources on Wednesday abandoned a shareholder resolution to split the company just hours before the vote, as it comes under pressure from a multibillion dollar hostile bid ...
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