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Anglo American to merge with Teck Resources in second-largest mining deal ever
By Clara Denina
Reuters
Tuesday, September 9, 2025
LONDON -- London-listed miner Anglo American and Canada's Teck Resources plan to merge, the two companies said today, marking the sector's second-biggest merger and acquisition deal ever and forging a new global copper-focused heavyweight.
Under the proposed deal, which still needs regulatory approval, Anglo American shareholders would own 62.4% of the newly combined company, Anglo Teck, while shareholders in Teck will hold 37.6%.
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Anglo Teck will be headquartered in Canada but have a primary stock listing in London, said the two companies, whose combined market capitalisation exceeds $53 billion. ...
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