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By Shane Lasley
Mining News 

Glencore takes offer to Teck shareholders

North of 60 Mining News - April 19, 2023


Last updated 4/27/2023 at 8:45am

Smartphone displaying Glencore’s metals and minerals webpage.

Timon -

Hoping to add to its global metals and coal assets, Glencore is making an increasingly aggressive bid for Teck Resources Ltd.

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 s...

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