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Teck to sell 17 percent stake to China for C$1.7 billion (Reuters)
July 3, 2009 by admin · Leave a Comment
Reuters - Canada’s Teck Resources (TCKb.TO) said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help Teck pay down debt while expanding China’s portfolio of commodity investments.
Originally posted here:
Teck to sell 17 percent stake to China for C$1.7 billion
(Reuters)
