Glencore closes deal to take over Teck’s steelmaking coal business

📆 12.07.2024 00:51:00
📰 TerraceStandard

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 68%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Swiss firm’s takeover of Elk Valley Resources operations made official

Teck Resources Ltd. says it has completed the sale of its remaining 77 per cent interest in its steelmaking coal business to Glencore plc.

Glencore had initially pursued a $25-billion hostile takeover attempt for all of Teck, a move that sparked economic nationalism concerns in Canada. “This transaction marks a new era for Teck as a company focused entirely on providing metals that are essential to global development and the energy transition,” said the company’s president and CEO Jonathan Price in a statement last week.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Schreibe Kommentar

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Ottawa approves sale of Teck’s B.C. steelmaking coal business to Glencore$9.5M agreement to transfer Elk Valley Resources to Swiss firm expected to close next Thursday
Herkunft: TerraceStandard - 🏆 24. / 68 Weiterlesen »