November 13th, 2024

Canadian Press NewsAlert: Glencore adds cash component to Teck Resources offer

By The Canadian Press on April 11, 2023.

Swiss company Glencore plc is modifying its hostile takeover offer for Teck Resources Ltd. to include a cash component in its proposal. This April 14, 2011 file picture shows the Glencore headquarters in Baar, Switzerland. THE CANADIAN PRESS-AP Photo/Keystone/Urs Flueeler

VANCOUVER – Swiss company Glencore is modifying its hostile takeover offer for Teck Resources Ltd. to include an US$8.2-billion cash component to its proposal.

More coming.

Companies in this story: (TSX:TECK.B)

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