StockNews.AI

Glencore to sign off Teck coal acquisition next week

Proactive Investors • 592 days

Low Materiality0/10

Information

Glencore PLC (LSE:GLEN) has received final regulatory approval for its acquisition of 77% of the cok...

Original source

AI Summary

Glencore PLC acquires 77% of Elk Valley Resources from Teck Resources. Final regulatory approval received, transaction expected to close on July 11, 2024.

Market-Moving

  • Glencore PLC acquires 77% of Elk Valley Resources from Teck Resources.
  • Final regulatory approval received, transaction expected to close on July 11, 2024.

Key Facts

  • Glencore PLC acquires 77% of Elk Valley Resources from Teck Resources.
  • Final regulatory approval received, transaction expected to close on July 11, 2024.

M&A

Related News