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Mining company Glencore’s contentious effort to buy Teck Resources is injecting a new variable into global deal-making calculations.
Source: https://createsend.com/t/d-E17B88DD387873E52540EF23F30FEDED
Rather, Glencore’s bid is nothing more than a cleverly disguised, cynical Trojan horse ploy to undercut a rival–and it has successfully confused business media and proxy advisers.
This is a boost from Glencore’s previous dividend of $0.39.
Source: https://www.etfdailynews.com/2023/10/15/glencore-otcmktsglncy-upgraded-at-hsbc/
‘We urge Teck shareholders to take action to ensure that the board engage in bona fide negotiations regarding Glencore’s proposal,’ said chief executive Gary Nagle.