Glencore sweetens offer for Teck with $8.2bn cash incentive

Glencore (LON: GLEN) is stepping up efforts to take over Teck Resources (TSX: TECK.A, TECK.B)(NYSE: TECK) by adding on Tuesday a $8.2-billion cash component to its original $23 billion bid for Canada’s largest diversified miner. The revised proposal gives Teck’s shareholders...