TORONTO -- Teck Cominco Ltd. unveiled an unsolicited US$15.35 billion cash-and-stock takeover offer for fellow Canadian mining company Inco Ltd., a move that would create a mining giant even as it ...

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 ...