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Teck's biggest shareholder backs Glencore bid - Bloomberg News

April 14, 2023 at 08:57 am EDT

(Reuters) - Canadian copper miner Teck Resources' biggest shareholder, China Investment Corp, is in favor of Glencore's takeover offer, which would allow investors to exit their coal exposure for cash, Bloomberg News reported on Friday.

(Reporting by Mrinalika Roy in Bengaluru; Editing by Arun Koyyur)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
TECK RESOURCES LIMITED	73.22 CAD	+3.67%	+3.56%	27.93B
GLENCORE PLC	504.8 GBX	+1.58%	+6.04%	76.75B
LME COPPER CASH	5,730	-0.27%	-0.12%	-

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Teck's biggest shareholder backs Glencore bid - Bloomberg News

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