The following bids, mergers, acquisitions and disposals were reported on Wednesday including Sinopec, Apache, AMR, US Airways, Deutsche Bank, EDF, Oxford, Andor, Bank Zachodni WBK, Shuanghui, Campofrio, OCZ, Toshiba and CVS Caremark.
Teck Resources Ltd
Breaking News
Teck Resources, Newmont Mining, Magris Resources and private equity firm Blackstone Group are reportedly bidding for Glencore Xtrata's Las Bambas copper mine in Peru. Las Bambas' estimated end-2014 valuation is at USD6.9 billion.
A source that was familiar with the discussions on the Teck-Iron Ore deal said that Teck Resources Ltd was among few bidders battling to acquire Rio Tinto Group's controlling stake in the Canada-based firm.
Teck Resources Ltd was tagged as one of the remaining interested companies set to acquire the Rio Tinto Group's 59% stake claim in Iron Ore Co.
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