DEC 9·GlobeNewswire▲
Teck Reports Voting Results from Special Meeting of Shareholders
Teck Resources Limited announced that its shareholders overwhelmingly approved the "merger of equals" with Anglo American plc, creating "Anglo Teck," a global leader in critical minerals. Class A common shareholders voted 99.7% in favor, and Class B subordinate voting shareholders voted 89.7% in favor of the Arrangement Resolution. This approval advances the creation of Anglo Teck, which is expected to leverage a world-class copper growth portfolio and deliver long-term value, pending regulatory and court approvals.
DEC 9·BNN Bloomberg→
Anglo American, Teck Resources shareholders clear combination deal
Shareholders of Anglo American PLC and Teck Resources Ltd. have approved a merger to create a major copper mining company, Anglo Teck, headquartered in Canada. Anglo American shareholders passed resolutions for new shares and a name change, while Teck shareholders also endorsed the deal, which still faces review under the Investment Canada Act and resistance in South Africa.