(Adds Justin Trudeau's comments) May 2 (Reuters) - Canadian Prime Minister Justin Trudeausaid in an interview to Bloomberg Television last week that anytakeover bid for Teck Resources Ltd would have to getthrough a "rigorous process" to get consent from the government. Here is a snapshot of key events in the saga so far. Date Development March Glencore privately offers to merge with Teck 26 Resources in a $22.5 billion all-share deal. April Teck rejects Glencore's offer citing reluctance to 3 expose its shareholders to thermal coal, oil, LNG and related sectors. April Teck Chief Executive Jonathan Price reinforces the 10 rejection of Glencore's unsolicited bid and tells shareholders that Teck's restructuring plan is the only viable option. Reuters reports that Glencore Chief Executive Gary Nagle plans to personally meet some Canadian shareholders of Teck to get their support for the merger. April Glencore modifies its $22.5 billion all-share 11 takeover bid to include up to $8.2 billion in cash, which Teck's board dubs "largely unchanged". April Several Teck shareholders ask Glencore to sweeten its 12 takeover bid. April Teck rejects the improved bid and tweaks its own 13 restructuring plan to allow for an earlier full separation of its metals and coal divisions. Influential proxy advisor Institutional Shareholder Services (ISS) advises shareholders to reject Teck's restructuring plan on uncertainties and structural issues. April Bloomberg News reports that Teck's biggest 14 shareholder China Investment Corp (CIC) favors Glencore's revised offer as it allows investors to exit their coal exposure for cash. April Bloomberg News reports that Advisory firm Glass Lewis 15 has recommended to its shareholders to vote against Teck's plan to spin off its coal segment. April Vale SA , Anglo American Plc and 16 Freeport-McMoRan Inc , among others, approach Teck to explore deals for its base metals business if the spinoff takes places, sources tell Reuters.
Teck's Chairman Emeritus Norman Keevil says he would support deals for the base metals business of Teck post spinoff. April A source tells Reuters that Glencore's executives 17 have met or spoken with some 120 Teck shareholders to win support for their takeover bid.
Teck denies media reports that stated its largest shareholder CIC favored the Glencore deal. April Teck CEO Price again advises shareholders to back the 18 spinoff in a hastily arranged conference call after skipping the World Copper Conference in Chile. April In an open letter, Glencore says it is willing to 19 improve the $22.5 billion bid and will consider taking the offer directly to shareholders if Teck's board refuses to discuss the deal. Teck says Glencore is seeking to frustrate the vote and pre-empt a competitive future landscape. Teck reiterates its recommendation that shareholders vote for a planned spin-off. Teck shareholder Waratah Capital Advisors says it has voted against the restructuring plan. As of March 7, the asset management firm held about 2.3 million class B subordinated voting shares. April Norway's sovereign wealth fund, one of the world's 21 largest investors, says it would support Teck's spinoff proposal. April Canadian Finance Minister Chrystia Freeland says Teck 24 should remain headquartered in Canada amid the merger talk. April Teck withdraws its proposed restructuring proposal 26 ahead of a shareholder vote on the plan. Canada's Prime Minister Justin Trudeau
says April in an interview to Bloomberg Television 28 that any potential takeover of Teck would need to get through a "rigorous process" to win government approval.
(Reporting by Sourasis Bose in Bengaluru; Editing by ShilpiMajumdar and Sriraj Kalluvila)
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