Will the Anglo American and Teck Resources merger be approved by EU regulators?

EU regulators have signaled no competition concerns, indicating the proposed merger is likely to receive antitrust clearance.

When will the European Commission decide on the Anglo American-Teck deal?

The European Commission is expected to issue its decision on the merger by February 10.

What kind of company will be formed by the Anglo American and Teck Resources merger?

The merger will create the world's fifth-largest copper company.

Home / Business and Economy / EU Regulators Greenlight Anglo American-Teck Merger

EU Regulators Greenlight Anglo American-Teck Merger

9 Jan

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Summary

EU regulators signal no competition concerns for Anglo American-Teck merger.
The deal forming the world's fifth-largest copper company is under review.
European Commission decision on the merger is expected by February 10.

EU Regulators Greenlight Anglo American-Teck Merger

The proposed merger between miners Anglo American and Teck Resources is advancing toward antitrust clearance in Europe, as EU regulators have indicated no significant competition issues. The European Commission is reviewing the deal, which, if successful, will establish the fifth-largest copper company globally. This review is proceeding under a simplified procedure, suggesting a routine check rather than an in-depth investigation.

Canada has already granted its approval for the merger. The European Commission's decision is expected by February 10. Alongside the standard antitrust review, the Commission is also assessing the transaction under its Foreign Subsidies Regulation, aimed at curbing unfair competition from non-EU companies benefiting from government subsidies. The deadline for this specific assessment is February 3.