Anglo American plc ADR

Shareholders of Anglo American voted by a large majority to approve a merger of equals with Teck Resources as well as the issuance of new shares and a name change to Anglo Teck Group (99.17% and 99.98%). The merged company is to be headquartered in Canada, will be more than 70% focused on the copper business and is intended to form a “world-leading champion for critical minerals.” Completion remains subject to approvals under the Investment Canada Act and other competition and regulatory clearances; a resolution on changes to long-term incentives was removed from the agenda. » Altro su de.investing.com