Seeking synergy: A coil of copper rod in a factory. A combination of the two companies would bring efficiencies to copper mining in Chile. — Reuters
London: Anglo American Plc has agreed to combine with Canada’s Teck Resources Ltd in one of the biggest mining deals in more than a decade.
Under the so-called zero premium deal, Anglo’s shareholders will own 62.4% of the combined company, while Teck holders will control 37.6%, according to a statement yesterday.
