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'Canada will take a close look at the Teck-Anglo deal,' finance minister says
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'Canada will take a close look at the Teck-Anglo deal,' finance minister says
Sep 21, 2025 4:16 AM

TORONTO, Sept 20 (Reuters) - The proposed $53 billion

merger between Teck Resources ( TECK ) and Anglo American

is under review by Canada's federal government, which

must make sure it is in the net benefit of the country, Finance

Minister Francois Philippe Champagne said on Saturday.

"Canada will take a close look at the Teck-Anglo deal,"

Champagne said, to determine if the industry minister will

approve it.

(Divya Rajagopal in Toronto; Editing by David Gregorio)

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