BRIEF-Teck Resources And Anglo American Announce Merger To Form Anglo Teck-March 2024-www.financetom.com

BRIEF-Teck Resources And Anglo American Announce Merger To Form Anglo Teck

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Teck Resources And Anglo American Announce Merger To Form Anglo Teck

Sep 8, 2025 11:33 PM

Sept 9 (Reuters) - Anglo American PLC ( AAUKF ):

* TECK AND ANGLO AMERICAN TO COMBINE THROUGH MERGER OF

EQUALS TO

FORM A GLOBAL CRITICAL MINERALS CHAMPION

* TECK RESOURCES LTD ( TECK ) - AND ANGLO AMERICAN ANNOUNCE MERGER TO

FORM

ANGLO TECK

* TECK RESOURCES LTD ( TECK ) - ANGLO AMERICAN TO PAY $4.5 BILLION

SPECIAL

DIVIDEND

* TECK RESOURCES LTD ( TECK ) - MERGER EXPECTED TO YIELD $800 MILLION

ANNUAL SYNERGIES

* TECK RESOURCES LTD ( TECK ) - DUNCAN WANBLAD APPOINTED CEO OF ANGLO

TECK

* TECK RESOURCES LTD ( TECK ) - ANGLO AMERICAN SHAREHOLDERS TO OWN

62.4% OF

ANGLO TECK

* TECK RESOURCES LTD ( TECK ) - MERGER EXPECTED TO COMPLETE WITHIN

12-18

MONTHS

* TECK RESOURCES LTD ( TECK ) - EXPECTED $1.4 BILLION EBITDA UPLIFT

FROM

COLLHUASI AND QUEBRADA BLANCA

* TECK RESOURCES LTD ( TECK ) - GLOBAL HEADQUARTERS OF ANGLO TECK

WILL BE

LOCATED IN CANADA

* TECK RESOURCES LTD ( TECK ): ANGLO TECK WILL MAINTAIN EMPLOYMENT

LEVELS

IN CANADA WITH NO NET REDUCTION IN THE NUMBER OF EMPLOYEES IN

THE BUSINESS IN CANADA

Source text:

Further company coverage:

Previous page： Venus Concept Agrees to Sell Hair Business to Meta Healthcare for $20 Million; Shares Up Pre-Bell Next page： Google agrees $36 million fine for anti-competitive deals with Australia telcos

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Venus Concept Agrees to Sell Hair Business to Meta Healthcare for $20 Million; Shares Up Pre-Bell

Jun 6, 2025

08:49 AM EDT, 06/06/2025 (MT Newswires) -- Venus Concept ( VERO ) said Friday it has agreed to sell its Venus hair business to Meta Healthcare Group for $20 million in an all-cash deal. Under the terms of the agreement, Meta Healthcare will acquire the company's Meta Robotics unit, containing the portfolio of hair restoration and hair transplant technologies, Venus...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Mosaic Lowers 2025 Phosphate Output Guidance, Stock Dips On Revised Outlook

Jun 6, 2025

The Mosaic Company ( MOS ) shares slipped 5.3% at last check Friday during the pre-market trading session. The company revised its second-quarter and full-year 2025 outlook, adjusting phosphate guidance downward while raising price expectations. The company now sees Q2 diammonium phosphate (DAP) prices at $650–$670 per tonne, up from the previous $635–$655 range due to solid demand and limited...

Canada's May Jobs Report Not as Bad as Expected, Says CIBC

Jun 6, 2025

08:51 AM EDT, 06/06/2025 (MT Newswires) -- The Canadian labor market continues to weaken, although for now only gradually, said CIBC after Friday's Labour Force Survey (LFS) data. While employment managed to register a modest and unexpected increase in May of 9,000 versus a 10,000 consensus decline, that was still below the pace of labor force growth and as a...