After Two Rejected Offers, Glencore Now Wants Teck Resources’ Steelmaking Coal Unit

Glencore has made an offer to acquire Teck Resources (TSX: TECK.B) steelmaking coal business as a separate entity, after the latter had rejected the London-listed firm’s $22.5 billion bid to merge the two companies. Just a few days ago, Teck Resources announced that it had received multiple proposals for its coal business. The company had … Continue reading After Two Rejected Offers, Glencore Now Wants Teck Resources’ Steelmaking Coal Unit