Trudeau team ‘closely’ watching Glencore’s bid to swallow Teck

Canada’s investment law gives the government some latitude to block foreign takeovers of large companies, though the power has not been used frequently.

Bloomberg News | April 18, 2023 | 8:36 am

Teck CEO sees split plan as ‘most strategic’ option for shareholders

Shareholders plan to vote on the split later this month, even as Glencore is pursuing a $22.5 billion bid of its own to buy Teck.

Reuters | April 18, 2023 | 7:38 am

Billionaire Robert Friedland comes out in defence of Teck

He warned Canada should not take lightly Glencore's attempted takeover of Teck, which has a track record of supporting local juniors.

Cecilia Jamasmie | April 18, 2023 | 3:45 am

Teck shares surge above Glencore offer as other major miners eye metals unit

Teck's shares surged to a record Monday, exceeding Glencore’s per-share takeover offer price for the first time.

Bloomberg News | April 17, 2023 | 10:23 am

Teck attracts interest from Vale, Anglo American and Freeport

The three global miners are among at least six companies that have reportedly approached Teck on transactions post-split.

Cecilia Jamasmie | April 17, 2023 | 4:49 am

Coal phase-out not happening fast enough to avoid rising global temperatures — study

A recent study shows that the use of coal power is not decreasing fast enough to avoid a temperature rise higher than 2 degrees Celsius by 2100 as established in the Paris Agreement.

Staff Writer | April 16, 2023 | 7:57 am