Glencore Buys Teck Steel Company
Posted on 11/16/2023
Qatar Investment Authority has a significant position in Glencore and China Investment Corporation has a large position in Teck Resources. QIA owns 8.5% of Glencore while CIC owns 9.9% of Teck. Glencore has announced that it has entered into a binding agreement with Teck Resources for the acquisition of a 77% effective interest in the…
