“Post-separation, there will be many more opportunities for value creation,” he said on a conference call with analysts and investors on Monday.in its current form is out of the question, saying the deal carries significant jurisdictional, execution and ESG risk.
Teddy Molson, partner with U.K.-based Egerton Capital, which holds 11.4 million of Teck’s B shares, threw his weight behind Mr. Price in rebuffing the Glencore approach. Some analysts have speculated that Glencore may increase its bid to try to nudge B-shareholders like Mr. Molson to vote against Teck’s proposed split.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Teck Resources doubles down on plan to split company after Glencore offer - Terrace StandardTeck says its separation will give shareholders more choice and ways to maximize value
Baca lebih lajut »