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Glass Lewis recommends Teck Resources to vote in favor of deal with Anglo American
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Glass Lewis recommends Teck Resources to vote in favor of deal with Anglo American
Nov 21, 2025 11:38 AM

Nov 21 (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.

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