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Canada likely to greenlight Glencore-Teck deal despite greater scrutiny of foreign deals

TORONTO (Reuters) -As Glencore prepares for the long grind to convince Canada of the virtues of the Swiss trader-led consortium's $9 billion bid for Teck Resources' coal unit, investors and lawyers are optimistic about the deal approval despite the government's increased scrutiny of foreign investments. In recent years, Canada has tightened the Investment Canada Act (ICA), the main tool the government uses to review inbound deals to ensure transactions are not harmful to national...
British Columbia United Kingdom Gary Nagle Vancouer Keevil Letko Brosseau Divya Rajagopal
Source: yahoo.com

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