Teck Resources Ltd. withdraws separation proposal
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Teck Resources Ltd. withdraws separation proposal
Description
April 26, 2023
A key shareholder vote on the separation of Canada’s largest diversified mining company is no longer moving ahead. The vote was to determine whether Teck Resources Ltd. – which has a significant mining footprint in southeast B.C. near the Alberta border – would reorganize into two companies. It comes as Teck faces an unsolicited takeover offer from a foreign commodities trader. As Erik Bay reports, Teck says it will be taking a more direct approach to separation.
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Teck Resources Ltd. withdraws separation proposal01:39 | April 26, 2023 -
BC Conservative leadership could be a two-person race02:09 | 20 minutes ago -
Surrey hospital NICU assault suspect back in custody02:04 | 21 minutes ago -
Global News at 5:30 Okanagan: March 2311:22 | 23 minutes ago -
Air passenger complaints backlog01:51 | 24 minutes ago -
New distance regulations for southern resident killer whales02:10 | 24 minutes ago -
Kelowna residents upset over city removing trees near park02:01 | 29 minutes ago -
Measles cases continue to rise as spring break approaches02:24 | 33 minutes ago -
Iran war consumer impacts01:45 | 35 minutes ago -
Fine for drone flight near wildfire02:20 | 37 minutes ago -
B.C. driver zoned out behind the wheel01:18 | 41 minutes ago -
Wetaskiwin tight-lipped around mayor’s ban, isn’t working with legal counsel01:32 | 43 minutes ago -
Alberta family gets back $40K from dealership after new truck seized for being stolen02:07 | 49 minutes ago -
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Global News at 6 Halifax: March 2309:35 | 3 hours ago -
Deadline for settlement payment in Police HQ litigation00:48 | 3 hours ago
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Teck Resources Ltd. withdraws separation proposal01:39 | April 26, 2023
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BC Conservative leadership could be a two-person race02:09 | 20 minutes ago
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Global News at 5:30 Okanagan: March 2311:22 | 23 minutes ago
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Air passenger complaints backlog01:51 | 24 minutes ago
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Kelowna residents upset over city removing trees near park02:01 | 29 minutes ago
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Alberta promises faster approvals for major projects01:23 | 2 hours ago
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Abbotsford sexual assualt survivor has publication ban removed02:15 | 2 hours ago
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NTSB provides update on Air Canada collision, says investigation could take ‘days’04:58 | 2 hours ago
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Teck Resources Ltd. withdraws separation proposal
Description
April 26, 2023
A key shareholder vote on the separation of Canada’s largest diversified mining company is no longer moving ahead. The vote was to determine whether Teck Resources Ltd. – which has a significant mining footprint in southeast B.C. near the Alberta border – would reorganize into two companies. It comes as Teck faces an unsolicited takeover offer from a foreign commodities trader. As Erik Bay reports, Teck says it will be taking a more direct approach to separation.
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