Teck Resources confirms new revised bid from Glencore

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 11 (Reuters) - Teck Resources said on Tuesday it has received a revised and unsolicited acquisition bid from Swiss commodities giant Glencore Plc . Glencore's new proposal appears to be largely unchanged, with the exception of a cash consideration alternative in lieu of shares in the proposed combined coal entity, the copper miner said. (Reporting by Arshreet Singh; Editing by Rashmi Aich and Sherry Jacob-Phillips)

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