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Teck acquires oil sands partner SilverBirch for C$435M

Cecilia Jamasmie | January 09, 2012 | 4:09 pm Energy Canada Europe 

Teck Resources Ltd. (TSX:TCK.A) announced today that it will acquire its oilsands partner SilverBirch Energy Corp. (TSXV:SBE) for over C$435 million. Canada's largest publicly traded mining company said it will pay $8.50 cash for each of Calgary-based SilverBirch’s shares plus...

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