Canadian anti-trust regulator to review Anglo American-Teck merger

Competition Bureau Canada has announced plans to review the proposed merger between Anglo American and Teck Resources. The review will focus on potential anti-competitive impacts and involve consultations with suppliers, competitors and purchasing groups. The $53bn (C$72.85bn) merger agreement, announced last week, aims to create a new entity, Anglo Teck, as a Canada-based global critical minerals producer. Both companies assert that the merger will deliver substantial benefits to shareholders and stake ...