Glencore Consortium Proposes Rescue Deal for Sherritt International Corp
Deals·1 article across 1 outlet
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A consortium including Glencore Plc proposed a rescue deal for troubled Canadian miner Sherritt International Corp., offering a potential alternative to an earlier plan from an ally of US President Donald Trump.
The bid presents a significant shift in the ongoing efforts to stabilize Sherritt, which has faced financial difficulties in recent times.
GlencoreSherritt InternationalTrump
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“A consortium including Glencore Plc proposed a rescue deal for troubled Canadian miner Sherritt International Corp., offering a potential alternative to an earlier plan from an ally of US President Donald Trump.”
Bloomberg — Glencore Consortium Offers Rival Bid for Troubled Canadian Miner