Activist investor Bluebell Capital Partners has told Glencore s board it opposes a $22.5 billion all-share takeover bid for Teck Resources Ltd, considering the transaction a value destructive. | April 13, 2023
Teck’s chair says Glencore has made ‘two opportunistic and unrealistic proposals’ that would transfer value to that company’s shareholders at the expense of Teck investors
In a letter to Glencore chief exec Gary Nagle, Bluebell Capital has accused the mining giant of making an alarmingly illogical offer for Teck Resources.
In a letter to Glencore chief exec Gary Nagle, Bluebell Capital has accused the mining giant of making an alarmingly illogical offer for Teck Resources.
Glencore shareholder Bluebell opposes value destructive Teck deal mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.