off-the-wire

Anglo American expects final approval for Teck merger around Q3

Kitco Media
By Reuters
Published:
Updated:
Reuters
Anglo American expects final approval for Teck merger around Q3 teaser image

London-listed mining company Anglo American expects to get final regulatory approval for its merger with Teck Resources around the third quarter of this year, the company’s Brazil CEO Ana Sanches said on Wednesday.

Sanches was speaking at a forum on mining held in Sao Paulo to bring together mining companies and possible investors, organized by the US embassy.

In February, Anglo American’s CEO Duncan Wanblad said he expected the deal to be approved by China and South Korea some time between September and March.

(By Oliver Griffin)

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