Glencore sweetens offer for Teck with US$8.2B cash incentive

Glencore (LSE: GLEN) is stepping up efforts to take over Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) by adding a US$8.2-billion cash component to its original US$23-billion bid for Canada’s largest diversified miner. The revised proposal announced on Tuesday, gives Teck’s...

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