Fortescue move

Fortescue Metals Group's share price is resurgent, which is drawing attention from investors and sellers alike. This increase in share price may be tempting some sellers to consider offloading their stakes.

Fortescue Metals Group's share price is resurgent, making it an attractive option for sellers and investors. This increase in share price is drawing attention from companies like Teck, which is considering selling its stake.

The Canadian company Teck is reportedly trying to sell its $500 million stake in Fortescue Metals Group.

The Canadian company Teck is reportedly looking to sell its $500 million stake in Fortescue Metals Group.

Teck has commissioned the investment bank CIMB to find a buyer for its stake in Fortescue Metals Group.

Teck has commissioned the investment bank CIMB to find a buyer for its stake in Fortescue Metals Group.

Teck built up its stake in Fortescue Metals Group in early 2012.

Teck built up its stake in Fortescue Metals Group in early 2012.

While the article does not specify Teck's reasons, the resurgent share price of Fortescue Metals Group might be a tempting factor for Teck to sell its stake.

Teck's stake in Fortescue Metals Group is valued at $500 million.

Teck's stake in Fortescue Metals Group is reportedly worth $500 million.

Teck might be interested in selling its stake in Fortescue due to the resurgent share price, which could provide a profitable opportunity to divest.

CIMB has been commissioned by Teck to find a buyer for its $500 million stake in Fortescue Metals Group.

A resurgent share price in Fortescue Metals Group could present opportunities for everyday investors to either buy into a growing company or consider selling if they already hold shares.

The article reports that Teck is trying to sell its stake, but it does not confirm whether the sale has been completed.

CIMB is the investment bank tasked with finding a buyer for Teck's $500 million stake in Fortescue Metals Group, facilitating the sale process.