Anglo American and Teck Resources Announce $50B Merger
TL;DR Summary
Anglo American is acquiring Teck Resources in a $50 billion all-share merger to create the world's fifth-largest copper producer, focusing on critical minerals and strategic assets like Teck's Quebrada Blanca mine in Chile, amid industry consolidation and potential regulatory reviews.
- Anglo American, Teck strike $50B merger in decade’s top deal Mining.com
- Mining Megadeal Shows the World Is Crazy for Copper The Wall Street Journal
- Anglo American, Teck Resources to merge in second-largest mining deal ever Reuters
- Anglo American shares surge 9% on 'merger of equals' with Canada's Teck Resources CNBC
- FTSE mining giant to cut hundreds of jobs after £40bn merger The Telegraph
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