Glencore offers cash to Teck
- Jun
- 15
Glencore Plc on Tuesday modified its $22.5 billion all-share takeover bid for Teck Resources Ltd’s to include up to $8.2 billion in cash, but Teck’s board called it “largely unchanged” and analysts said it will need to rise further still. Glencore’s play for Vancouver-based Teck comes amid a rising wave of buyout offers for mines […]
read moreTeck Reaffirms Benefits of Elk Valley Separation
- Apr
- 10
Elk Valley Resources will be a high-margin Canadian steelmaking coal producer, focused on long-term cash generation and providing cash returns to shareholders, with significant equity value accretion potential.
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