The mining newspaper for Alaska and Canada's North

Glencore takes offer to Teck shareholders

North of 60 Mining News - April 19, 2023

Glencore says it is willing to cut a deal directly with shareholders if a planned split of Teck's metal, coal assets is stopped.

With Teck Resources Ltd.'s board of directors and management refusing to consider its roughly US$22.5 billion (C$30.3 billion) merger proposal, Glencore is taking its increasingly aggressive takeover bid directly to the diversified Canadian mining company's shareholders....

 

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