Miners Anglo American PLC and Teck Resources Limited have received regulatory approval from the Government of Canada for their planned merger of equals. The new entity, Anglo Teck Group, will have headquarters in Vancouver and primary listings on the LSE, JSE, TSX, and NYSE. Shareholders have approved the merger, with completion subject to customary conditions and regulatory approvals. The merger is expected to create a global critical minerals champion, with at least C$4.5 billion investment in Canada within 5 years and a total of at least C$10 billion over 15 years. Senior management of Anglo Teck will be based in Canada.

Read more at Nasdaq: Anglo American -Teck Resources Merger Of Equals Gets Canada Approval