News
27 April 2023

Teck Resources withdraws plan to split

In:
Metals and Mining
Region:
Americas

Teck Resources has withdrawn its plan to split in two, a surprise development just ahead of a key shareholder vote, as the miner sought to fend off a $22.5 billion takeover attempt from Glencore.Vancouver-based Teck's share price in Toronto rose as much as 6% after the announcement.For weeks,...

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