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Benzinga
Benzinga
Business
Triveni Kothapalli

HISTORICAL FACTS: Nil premium merger of equals is strategically excellent for anglo says analysts - Caught on Camera

Anglo TECK NGLOY Anglo American Anglo American Plc NYSE Teck Resources Anglo Teck JP Morgan Mining
Industry,Production,For,Plumbing.,Copper,Pipes,Background.,3d,Render.

Anglo American plc (OTC:NGLOY) announced Tuesday that it has agreed to a merger of equals with Teck Resources (NYSE:TECK), creating a combined mining group valued at approximately $55 billion.

The new company, Anglo Teck, will be headquartered in Vancouver, with a primary listing in London and secondary listings on the TSX, JSE, and NYSE.

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