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Strategies & Market Trends : Ride the Tiger with CD

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To: Pianoman1997 who wrote (311292)9/9/2025 9:56:08 AM
From: ogi  Read Replies (1) of 312565
 
Access to shrinking mineral supplies \ continues to be a driving force , so there well could be competing offers from other majors. But Teck control block is backing this one. At least it is not another Canadian icon disappearing. Head office to be in Vancouver.

"A two-thirds majority vote by Teck's class A and class B shareholders, voting as separate classes, is required to approve the deal, while a majority vote is needed by the Anglo American shareholders.

Owners of about 79.8 per cent of Teck class A shares have agreed to vote for the deal, including Teck chair emeritus Norman B. Keevil, who endorsed the deal in a statement."
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