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GlenTeck: A tale of unrequited love, but Glencore can still woo class B shareholders | Business

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Glencore's advances to merge with Teck Resources has, so far, been twice rebuffed by the company's board. But the mining giant's chances of winning over Teck's subordinate shareholders are looking better by the day. | News24_Business

As Teck resists Glencore's advances, analysts say the mining giant's decision-making has so far been very good for its shareholders.

A nascent but already tense merger battle is hotting up ahead of a shareholder vote next week that could determine whether Glencore can realise its ambition of separating out its coal assets while also creating the largest copper company in the world.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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