GlenTeck: A tale of unrequited love, but Glencore can still woo class B shareholders | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Glencore's advances to merge with Teck Resources has, so far, been twice rebuffed by the company's board. But the mining giant's chances of winning over Teck's subordinate shareholders are looking better by the day. | News24_Business

As Teck resists Glencore's advances, analysts say the mining giant's decision-making has so far been very good for its shareholders.

A nascent but already tense merger battle is hotting up ahead of a shareholder vote next week that could determine whether Glencore can realise its ambition of separating out its coal assets while also creating the largest copper company in the world.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE rallies on late buying of resourcesTiming of the orders suggests they came from abroad, says Sasfin Wealth’s David Shapiro
Source: BDliveSA - 🏆 12. / 63 Read more »

Govt gives TotalEnergies green light to search for oil, gas between Cape Town, Agulhas | BusinessThe Department of Mineral Resources and Energy has granted TotalEnergies environmental authorisation to conduct exploration off the southwest coast. | News24_Business _Business I thought the people went on a strike to stop this lol 😂 _Business Long overdue and don't let the environment brigade stop this, we can't afford to continue to make other nations rich, oil will still play a major role for many years to come
Source: News24 - 🏆 4. / 80 Read more »