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CIC To Buy Equity Stake Teck Resources, China To Increase Investment In The Mining Sector
Teck Resources is a mineral exploration mining activities have a very knowledgeable. Teck mining company that produces zinc, copper, coal and metallurgy. To maintain the existence of the company and support the mine operations company, Teck will sell some equity stake to the state-owned China Investment Corp. (CIC). Equity stake sale is expected to pay [...]
Market Report: Bid rumours build up over acquisitive Wolseley
After a frenzied acquisition spree, the building and plumbing supplies group Wolseley could itself be on the receiving end of a bid if rumours doing the rounds yesterday turn out to be true.
The word in the market is that the French rival St Gobain is mulling an offer with the bidding expected to start at [...]
