Anglo American, Teck merger heading for EU antitrust approval
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The proposed merger between Anglo American and Teck Resources is progressing towards EU antitrust approval, with regulators indicating no significant competition concerns. The deal, which would create the world's fifth-largest copper company, is undergoing a simplified review process. The European Commission is expected to announce its decision by February 10, while a separate assessment under the Foreign Subsidies Regulation is due by February 3. Canada has already approved the merger, initially announced in September 2022.
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