B.C. Premier David Eby said Glencore would struggle to meet high ESG standards in a hurdle for its bid for Teck Resources. Read on.
hostile takeover bid from Glencore
Nagle’s strategy will depend on how Teck’s shareholders react to a crucial vote on April 26. Teck’s management has asked for a green light to divide the company into two entities, one that would focus on base metals and one that would control the coal assets. Two-thirds of shareholders must agree before chief executive Jonathan Price can proceed, and some see the vote as a de facto referendum on Glencore’s offer.
As far as the B.C. premier is concerned, a takeover could hurt Canada’s goal of becoming a major supplier of minerals that are high in demand and needed for the energy transition away from fossil fuels, such as copper and nickel.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
B.C. premier weighs in on Glencore play for TeckTakeover by Swiss mining giant could put B.C. jobs at risk: David Eby
اقرأ أكثر »
Glencore raises pressure on Teck Resources with promise of sweeter bidGlencore has told Teck Resources shareholders it is willing to improve its US$22.5 billion takeover offer. Read more
اقرأ أكثر »
Glencore open to improving Teck offer, but shareholders must reject plan to split - BNN BloombergGlencore says it is willing to consider making improvements to its offer to acquire Teck Resources, but the Swiss company says shareholders of the Canadian miner must first reject a plan to separate its base metals and steelmaking coal businesses.
اقرأ أكثر »
The Daily Chase: Glencore's pursuit of Teck continues; Metro beats Q2 profit expectations - BNN BloombergGlencore is turning up the temperature in its ongoing pursuit of Teck Resources.
اقرأ أكثر »
Glencore raises pressure on Teck Resources with promise of sweeter bidGlencore has told Teck Resources shareholders it is willing to improve its US$22.5 billion takeover offer. Read more
اقرأ أكثر »
Swiss firm not giving up on attempt to take over B.C.’s Teck Resources - Terrace StandardGlencore open to improving Teck offer, but shareholders must reject plan to split
اقرأ أكثر »