Anglo American PLC

AAL: XLON (GBR)

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Anglo American to Merge With Teck Resources; Shareholders Take No Action

Jon Mills

Sep 10, 2025

Anglo has agreed to buy Teck to form copper-focused Anglo Teck, with iron ore and zinc its other major businesses. Teck shareholders will receive 1.3301 shares in Anglo, or a Canadian subsidiary, for each Teck share. Anglo also plans to pay a premerger USD 4.19 (GBX 310) special dividend.

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Anglo American PLC

Anglo American to Merge With Teck Resources; Shareholders Take No Action

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