Fortescue move

Fortescue Metals Group's resurgent share price may be tempting some sellers, with Canadian company Teck reportedly trying to sell its $500 million stake in the miner. The Wall Street Journal reported that Teck had commissioned investment bank CIMB to find a buyer for the stake, which was built up in early 2012.

By InvestSMART · 8 Nov 2013

By InvestSMART ·
8 Nov 2013

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Fortescue Metals Group's resurgent share price may be tempting some sellers, with Canadian company Teck reportedly trying to sell its $500 million stake in the miner. The Wall Street Journal reported that Teck had commissioned investment bank CIMB to find a buyer for the stake, which was built up in early 2012.

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Fortescue move

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