Glencore has said it is willing to improve its $23bn offer for Teck Resources if the Canadian mining company’s board is prepared to engage with it to discuss in the deal.
In a letter addressed to Teck shareholders on Wednesday morning, Glencore chief executive Gary Nagle said the Teck board had “consistently refused any engagement”.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased