Anglo American and Teck Resources announced a merger, creating a $50 billion copper-mining giant. Anglo's shares rose over 9% following the news. The deal is zero-premium, with Anglo shareholders owning 62.4% of the new firm. The merger aims to enhance Anglo's scale in copper, crucial for clean energy. However, concerns remain about Anglo's past deal-making history. Regulatory approvals may take 12-18 months, and the new company will be headquartered in Vancouver. Teljes cikk (Euronews.com)