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Why a Freeport bid for Teck makes sense

In the City, it’s the question on everyone’s lips: who will acquire the metals portfolio owned by Canada’s Teck Resources, now in play following a hostile bid by London-listed Glencore.

Why a Freeport bid for Teck makes sense Why a Freeport bid for Teck makes sense Why a Freeport bid for Teck makes sense Why a Freeport bid for Teck makes sense Why a Freeport bid for Teck makes sense

One firm rumoured to have tabled a bid is Freeport McMoRan based in Phoenix, Arizona.