Glencore makes offer for the steelmaking coal business of Teck Resources - BNN Bloomberg

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Swiss company Glencore says it has made an offer to buy the steelmaking coal business of Teck Resources.

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Teck Resources considers Glencore offer for just the coal business in latest twist to mining sagaGlencore has proposed buying Teck Resources’s coal business as an alternative to its $23 billion takeover bid that was rejected. Read more
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Glencore indicates willingness to bid for Teck Resources’ coal businessTeck Resources’ substantial coal assets have been valued at US$8.2-billion
Source: globeandmail - 🏆 5. / 92 Read more »

Glencore offers to buy Teck’s coal business as takeover battle for Canadian mining company takes a new twistGlencore confirmed in a statement early Monday that it had submitted a ‘proposal’ to Teck’s board, although no price was given
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