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Glencore flashes cash for Teck coal business

The cash offer was expected to allow for a value accretive demerger

Lou Caruana
The cash offer was expected to allow for a value accretive demerger.

The cash offer was expected to allow for a value accretive demerger.

Glencore said while it remained willing to pursue its proposed merger-demerger it had made the alternative cash proposal to acquire Teck's proposed demerged coal business, Elk Valley Resources, as it was...

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