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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 |
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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