Bloomberg Business

Glencore Dangles Prospect of Higher Teck Bid as Vote Looms

Glencore Plc said it’s willing to raise its bid for Teck Resources Ltd. in the latest attempt to sway shareholders and pressure Teck’s board, with just one week to go before a pivotal vote on the Canadian miner’s future.

Apollo’s Lottomatica to Take IPO Orders as Soon as This Week

Lottomatica, the Italian gambling company backed Apollo Global Management Inc., plans to begin taking investor orders as soon as this week for an initial public offering that could raise about €600 million ($657 million) to €700 million, people with knowledge of the matter said.

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