Anglo American, Teck merger heading for EU antitrust approval
The proposed merger of London-listed miner Anglo American and Canada's Teck Resources is heading for antitrust clearance in Europe after EU regulators signalled the absence of competition concerns, according to a European Commission filing. The EU competition enforcer is reviewing the deal, the second-largest ever in the mining sector, under a simplified procedure after the companies sought approval on Tuesday.
The proposed merger of London-listed miner Anglo American and Canada's Teck Resources is heading for antitrust clearance in Europe after EU regulators signalled the absence of competition concerns, according to a European Commission filing. The EU competition enforcer is reviewing the deal, the second-largest ever in the mining sector, under a simplified procedure after the companies sought approval on Tuesday.
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