Metall Mining (TSE) has announced a secondary offering of five million class B subordinate voting shares of Teck (TSE). The offering will net Metall about $93.8 million which will be used to help finance its $136.6-million cost of acquiring a controlling interest in Minnova (TSE).
After completion of the offering, Metall will own just over five million class B and 1.5 million class A shares of Teck.
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.
Be the first to comment on "NEWS ROUNDUP — Metall to sell Teck shares"