TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

Teck and Anglo American receive Government of Canada approval for merger of equals under Investment Canada Act

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Not Specified
Teck and Anglo American receive Government of Canada approval for merger of equals under Investment Canada Act

Teck Resources and Anglo American have received regulatory approval from the Government of Canada for their merger of equals, creating Anglo Teck, a global critical minerals champion headquartered in Vancouver. The merger involves commitments to invest C$4.5 billion in Canada within 5 years and a total of C$10 billion over 15 years.

Insights
TECK   positive

Company is creating a global minerals champion, receiving government approval, and securing significant investment commitments in Canada