TORONTO, April 10 (Reuters) – Glencore Plc (GLEN.L) Chief Government Gary Nagle plans to satisfy with a few of Teck Assets Ltd’s (TECKb.TO) Canadian shareholders in Toronto this Thursday to personally foyer them for assist of Glencore’s proposed takeover of the copper and zinc miner, in accordance with a supply who was invited.
Royal Financial institution of Canada’s (RY.TO) RBC Capital Markets will host the Toronto lunch assembly, in accordance with Jonathan Case of CI World Asset Administration, a Teck shareholder who was invited. RBC has been certainly one of Glencore’s bankers prior to now.
Teck’s executives on Monday bolstered their rejection of Glencore’s unsolicited $22.5 billion takeover supply.
Glencore declined to remark. Teck couldn’t instantly be reached for remark.
Reporting by Divya Rajagopal in Toronto; Enhancing by Ernest Scheyder and Lisa Shumaker
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