financetom
Business
financetom
/
Business
/
Glass Lewis recommends Teck Resources to vote in favor of deal with Anglo American
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Glass Lewis recommends Teck Resources to vote in favor of deal with Anglo American
Nov 21, 2025 11:37 AM

(Reuters) -Independent proxy advisory firm Glass Lewis on Friday recommended Teck Resources ( TECK ) shareholders to vote in favor of a deal to combine with Anglo American.

The planned merger, which was first announced in September, marks the copper mining sector's second-biggest M&A deal ever, with the combined market capitalisation exceeding $53 billion.

Glass Lewis said in a report that the terms of the merger appear reasonable for Teck shareholders.

Adding further that the deal offers Teck shareholders the chance to join a larger, more diversified critical-minerals group with increased copper exposure, significant synergy potential, and stronger long-term growth prospects than it could achieve alone.

The shareholder vote is expected to take place on December 9.

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.
Sign up to post
Sort by
Show More Comments
Related Articles >
Caribou Biosciences Starts Phase 1 Trial for Lupus Drug Candidate
Caribou Biosciences Starts Phase 1 Trial for Lupus Drug Candidate
Jan 13, 2025
04:47 AM EST, 01/13/2025 (MT Newswires) -- Caribou Biosciences ( CRBU ) said Sunday it initiated the phase 1 trial evaluating its experimental therapy, CB-010, in patients with lupus nephritis and extrarenal lupus. Additionally, the company said it expects to report data from a study of CB-010 to treat certain large B cell lymphoma patients in the first half of...
BP Azerbaijan says working to resume work of Shah Deniz platform as soon as possible
BP Azerbaijan says working to resume work of Shah Deniz platform as soon as possible
Jan 13, 2025
BAKU, Jan 13 (Reuters) - BP is working to resolve technical problems at the Shah Deniz Alfa (SDA) platform and hopes to resume normal operations as soon as possible, the company told Reuters on Monday. BP suspended work of the platform on Friday after detecting a technical issue at the subsea gas condensate export line between the platform and the...
Illumina Starts Pilot Program With Partners to Generate Proteomics Data
Illumina Starts Pilot Program With Partners to Generate Proteomics Data
Jan 13, 2025
04:39 AM EST, 01/13/2025 (MT Newswires) -- Illumina ( ILMN ) said Monday it started a pilot proteomics program to analyze 50,000 UK Biobank samples in partnership with deCODE Genetics, Standard BioTools, Tecan, GSK (GSK), Johnson & Johnson ( JNJ ) , and Novartis ( NVS ) . Under the collaboration, deCODE Genetics will process the samples from the UK...
Merus, Biohaven Partner to Develop Bispecific Therapies for Cancers
Merus, Biohaven Partner to Develop Bispecific Therapies for Cancers
Jan 13, 2025
04:49 AM EST, 01/13/2025 (MT Newswires) -- Merus (MRUS) and Biohaven ( BHVN ) said Sunday they are partnering to co-develop three bispecific therapies using Merus' Biclonics platform and Biohaven's ( BHVN ) technologies. Financial terms of the research collaboration and license agreement were not disclosed. The collaboration has the potential to significantly benefit patients across various cancer types through...
Copyright 2023-2026 - www.financetom.com All Rights Reserved