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Jul
3

Teck to sell 17 percent stake to China for C$1.74 billion

Posted by Reuters: Business News in Automated Trading, Blogs, Expert Advisors, FX Industry News, Financial News, Forex, Forex Analysis, Forex Brokers, Forex Feeds, Forex Forecasts, Forex Indicators, Forex News, Forex Signals, Forex Strategies, Forex Technical Analysis, Forex Trading Times, Forex Update, Forex Video News, Fundamental Analysis Reports, General News, KDB, Managed Accounts, Reviews, Times to Trade Forex, Trading Forex, Trading Systems, businessNews
TORONTO (Reuters) - Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.

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