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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.

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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