Anglo American, Teck Resources to merge in second-largest mining deal ever | Mining News

Anglo American, Teck Resources to merge in second-largest mining deal ever | Mining News

London-listed miner Anglo American and Canada’s Teck Resources plan to merge, marking the sector’s second-biggest mergers and acquisitions deal ever and forging a new global copper-focused heavyweight. Under the proposed deal, which will require regulatory approvals and was announced on Tuesday, Anglo American shareholders will own 62.4 percent of the new company, Anglo Teck, while…

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