Ottawa says it has approved Teck Resources Ltd.’s sale of a majority stake in its steelmaking coal business to Swiss commodities giant Glencore.
The Vancouver-based miner said it expects to receive $9.5 billion from the sale, excluding closing adjustments. As part of the transaction, Champagne said Glencore has committed to establishing and maintaining a Vancouver head office for Elk Valley Resources for at least 10 years, along with regional offices in Calgary and Sparwood, B.C.
Glencore’s $25-billion hostile takeover attempt had “raised very serious concerns and was rejected by shareholders,” Champagne said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Fuente: SooToday - 🏆 8. / 85 Leer más »
Fuente: globeandmail - 🏆 5. / 92 Leer más »