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November 14, 2023
Glencore PLC on Tuesday said it has entered a binding agreement to buy 77% of Teck Resources Ltds steelmaking coal business, Elk Valley Resources, for USD6.93 billion in cash. The Barr,...
August 17, 2023
Glencore PLC has a new rival in its bid to acquire Teck Resources Ltds coal division, with Mumbai-based JSW Steel Ltd scoping out parties to form a consortium, Bloomberg reported on Thursday....
June 12, 2023
Glencore PLC on Monday confirmed recent press reports that it submitted a cash takeover proposal for Teck Resources Ltds steel-making coal business. The Barr, Switzerland-based miner and commodity... | June 12, 2023
June 12, 2023
Glencore PLC on Monday said it has mounted a bid to acquire Teck Resources Ltds steel-making coal business, after previous efforts to capture all of the New York-listed miner were rebuffed. Glencore... | June 12, 2023
April 27, 2023
Glencore PLC on Thursday said it has bought stakes in assets in Brazil for USD775 million in total, as it affirmed its bid to acquire Teck Resources Ltd still stands. Teck on Wednesday pulled a... | April 27, 2023
April 26, 2023
Glencore PLC takeover target Teck Resources Ltd on Wednesday pulled its own vote on separation plans after receiving investor feedback. Teck has so far resisted Glencores takeover attempts and... | April 26, 2023
April 19, 2023
Glencore PLC said on Wednesday the board of Teck Resources Ltd has refused any engagement on its proposed merger with the New York-listed mining group, hinting it may improve the offer. In a... | April 19, 2023
April 19, 2023
Teck Resources Ltd denied on Wednesday it had refused to engage Glencore PLC on its proposed merger, maintaining the offer was not a realistic or viable option for the New York-listed mining group.... | April 19, 2023
April 13, 2023
Glencore PLCs latest bid for Teck Resources Ltd was rebuffed, with the New York-listed firm still preferring to go about its own separation plan. Teck said an independent special committee of its... | April 13, 2023
April 11, 2023
Glencore PLC on Tuesday said it has offered a cash consideration to Teck Resources Ltd shareholders in a bid to get a deal over the line while soothing investor concerns on coal exposure. Glencore,... | April 11, 2023