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Name | Symbol | Market | Type |
---|---|---|---|
Glencore Plc (PK) | USOTC:GLNCY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.155 | -1.90% | 8.00 | 7.92 | 8.08 | 8.0675 | 7.96 | 8.0099 | 657,816 | 21:20:00 |
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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