TECK Forex News

Teck Resources Rejects Unsolicited Acquisition Offer From Glencore

Teck Resources Rejects Unsolicited Acquisition Offer From Glencore

Teck Resources Ltd. (TECK, TECK.A.TO) announced Monday that the Board of Directors of Teck has received and unanimously rejected an unsolicited and opportunistic acquisition proposal from Glencore plc (GLCNF.PK, GLNCY.PK, GLEN.L), which would see that company acquire Teck and subsequently separate to create two businesses, which would expose Teck shareholders to thermal coal and oil trading.
RTTNews | 661 days ago