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A Good Deal For Glencore (OTCMKTS:GLCNF)

A Good Deal For Glencore (OTCMKTS:GLCNF)
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Glencore To Buy 77% Stake In Teck Resources Steelmaking Coal Business For $6 93 Bln

Glencore Plc (GLCNF.PK, GLNCY.PK, GLEN.L) announced Tuesday its binding agreement to acquire a 77 percent effective interest in Teck Resources Limited's (TECK) steelmaking coal business, Elk Valley Resources or EVR, for $6.

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