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GLEN Glencore Plc

443.90
1.95 (0.44%)
Last Updated: 15:14:30
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Glencore Plc LSE:GLEN London Ordinary Share JE00B4T3BW64 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.95 0.44% 443.90 443.75 443.90 446.20 442.05 443.35 8,867,465 15:14:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Nonmetallic Mineral Pds, Nec 217.83B 4.28B 0.3522 12.64 53.71B

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

14/11/2023 7:42am

Dow Jones News


Glencore (LSE:GLEN)
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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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