Teck Resources Progresses With Anglo American Merger Deal
Key Takeaways TECK won Supreme Court of British Columbia approval, moving its Anglo American merger closer to closing.Anglo Teck aims to be a top-five copper producer, with 70% exposure to copper and six world-class assets.TECK holders will own 37.6% of Anglo Teck, with each share exchanged for 1.3301 Anglo American shares.Teck Resources Limited (TECK) announced that the Supreme Court of British Columbia approved its previously announced merger agreement with Anglo American plc (NGLOY) . This pushes the dea ...