CIC did not respond to a request for comment.
The day before, and the morning of the annual meeting, Teck scrambled to try to flip shareholders like CIC who voted against the transaction into the “Yes” camp, but to no avail. There had been signs ahead of the meeting that Teck’s relationship with its Chinese stakeholders was evolving.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada's over-dependence on foreign investment is a problemOwnership does matter. If so many of our corporate head offices are in other countries, then that's where Canada’s economic future will be decided. We'll be a branch-plant economy, creating future wealth for foreign corporations.
Read more »
13 stocks that have grown their dividends more than the banksA roundup of investment ideas for active investors
Read more »
Blank-check firm bite to take stake in Canadian food company - BNN BloombergBite Acquisition Corp., a blank-check company led by a former Merrill Lynch executive, plans to merge with Canadian plant-based food company Above Food Corp.
Read more »