August 2, 2017 / 12:20 AM / 4 months ago

BRIEF-Teck Resources provides update on Waneta dam sale

Aug 1 (Reuters) - Teck Resources Ltd:

* Teck Resources Ltd - BC Hydro has exercised right of first offer to buy co’s two-thirds interest in Waneta dam, British Columbia, Canada, for $1.2 billion cash

* No material changes to commercial terms of previously announced waneta purchase agreement between fortis inc and teck

* Says Teck expects to realize a net book gain of approximately $800 million on closing Source text for Eikon: Further company coverage:

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