Glencore Finally Acquires Majority Ownership of Teck Resources’ Coal Assets
A new trend in mergers and acquisitions in the natural resources sector was recently consummated after Canada’s largest miner Teck Resources finally agreed to sell a major portion of its coal business to Swiss mining company Glencore. Actually, Glencore was able to acquire only a 77% interest in Teck’s coal business while ownership of the […]
