© Reuters. FILE PHOTO: The emblem of commodities dealer Glencore is pictured in entrance of the corporate’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann
By Divya Rajagopal
TORONTO (Reuters) – Glencore (OTC:) Plc Chief Government Gary Nagle plans to satisfy with a few of Teck Assets (NYSE:) Ltd’s Canadian shareholders in Toronto this Thursday to personally foyer them for assist of Glencore’s proposed takeover of the and zinc miner, based on a supply who was invited. Royal Financial institution of Canada’s RBC Capital Markets will host the Toronto lunch assembly, based on Jonathan Case of CI World Asset Administration, a Teck shareholder who was invited. RBC has been one among Glencore’s bankers up to now.
Teck’s executives on Monday strengthened their rejection of Glencore’s unsolicited $22.5 billion takeover supply.
Glencore declined to remark. Teck couldn’t instantly be reached for remark.