Teck sells coal assets to Glencore, steelmakers for $8.9 billion

Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LON: GLEN) and two Asian steelmakers for $8.9 billion, the miner announced on Tuesday. Under the deal, which still must be approved by regulators in Ottawa, Glencore is to...