Canada set to approve Glencore takeover of Teck coal business, The Globe and Mail reports

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Teck Resources News

Glencore,Federal Government,Binding Conditions

The government is planning to approve the deal as soon as Thursday, the report added citing sources close to the transaction. Teck and Glencore did not...

- Canada's federal government is set to approve Glencore's acquisition of the steelmaking coal unit of Teck Resources with several legally binding conditions, the Globe and Mail reported on Thursday.

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Ottawa set to approve Glencore takeover of Teck’s coal business with stringent conditionsThree sources close to the transaction said that Ottawa was planning to soon approve the Glencore transaction as soon as Thursday evening
Source: globeandmail - 🏆 5. / 92 Read more »