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Teck’s Founder Sought Merger With Anglo Before It Was Too Late

BloombergSunday, September 14, 2025 at 7:30:00 AM
NeutralFinancial Markets
Teck’s Founder Sought Merger With Anglo Before It Was Too Late
Teck's founder, Norman Keevil Jr., rejected a $23 billion takeover offer from Glencore two years ago, stating it wasn't the right time for such a move.
Editor’s Note: This decision is significant as it reflects the founder's strategic vision for Teck Resources and highlights the complexities of mergers in the mining industry.
— Curated by the World Pulse Now AI Editorial System
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