As Teck resists Glencore's advances, analysts say the mining giant's decision-making has so far been very good for its shareholders.
Photo Illustration by Igor Golovniov/Getty Images
A nascent but already tense merger battle is hotting up ahead of a shareholder vote next week that could determine whether Glencore can realise its ambition of separating out its coal assets while also creating the largest copper company in the world.
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