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TECK Teck Resources Ltd

47.90
-0.09 (-0.19%)
29 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Teck Resources Ltd NYSE:TECK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -0.19% 47.90 49.06 47.615 48.98 1,653,459 01:00:00

Glencore Buys Majority Stake in Teck Resources' Coal Unit for $6.93 Billion

14/11/2023 7:42am

Dow Jones News


Teck Resources (NYSE:TECK)
Historical Stock Chart


From Jun 2023 to Jun 2024

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By Christian Moess Laursen

 

Glencore said it has bought a 77% stake in Canadian miner Teck Resources' steelmaking coal business for $6.93 billion.

The Anglo-Swiss mining giant said Tuesday that the transaction is expected to close in the third quarter of next year.

The Wall Street Journal reported overnight that the companies were nearing a deal, citing people familiar with the situation.

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

November 14, 2023 02:27 ET (07:27 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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