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Teck pulls coal split plan. Glencore circles

Glencore still thinks its takeover offer has merit

Noel Dyson
Teck shareholders have not backed a plan to split the company into a metals producer and a coking coal producer.

Teck shareholders have not backed a plan to split the company into a metals producer and a coking coal producer.

However, shareholders have not backed the plan to create Teck Metals Corp and Elk Valley Resources, forcing Teck's board and management to go back to the drawing board. Adding spice to the mix, Glencore...

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