1149 GMT - Shares of the merged AngloTeck business have the potential to rise as the market better understands the financial metrics of the combined company, Berenberg's Richard Hatch and Jasper Mainwaring write. London-listed Anglo American and Canada-based Teck Resources agreed to merge last September in a deal that would create the world's largest copper producer with a combined value of $53 billion. The merger is expected to complete by March of next year. "Chinese antitrust regulatory approval remains the final hurdle to see the merger closed, which we do not think will be an issue." Anglo American shares are down 3.5% at 39.88 pounds, but are up 29% over the year to date. (ian.walker@wsj.com)
(END) Dow Jones Newswires
June 18, 2026 07:49 ET (11:49 GMT)
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