Brosseau owns 3.7 million shares, or 0.7%, of Teck's shares
outstanding.
(Reporting by Divya Rajagopal in Toronto, writing by Ismail
Shakil; Editing by Chizu Nomiyama)
TORONTO, April 20 (Reuters) - Teck Resources investor Letco Brosseau said on Thursday that it intends to vote
in favor of the Canadian miner's plan to create two separate
companies, and that Glencore's unsolicited takeover bid
for Teck is not "attractive."
Letco Brosseau does not find the offer put up by Glencore
attractive, Peter Letco, founding partner of the Montreal based
investment firm, told Reuters. It "would prefer a competitive
bidding for Teck assets post the split," he said.
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