Anglo American & Teck Resources merge by Sep 1, 2026

Resolution criteria

Resolves YES if by 11:59 pm ET on Sep 1, 2026, Anglo American plc and Teck Resources Limited have completed a transaction that results in both companies being combined under a single parent (i) via a statutory merger into a new holding company, or (ii) via one acquiring >50% voting control of the other and the deal has closed (become legally effective). Verification: closing announcements on either company’s official news/IR page, an RNS/stock-exchange notice, or final regulatory filings (e.g., SEC EDGAR/SEDAR+). Announced or agreed deals without legal completion resolve NO. Asset/JV deals, minority stakes, or partnerships do not count. A third party buying one or both companies without combining Anglo and Teck with each other resolves NO. Primary sources to check at resolution: Teck news releases; Anglo American RNS/announcements; Teck’s SEC filings. (teck.com, investegate.co.uk, sec.gov)

On September 9, 2025, Anglo American and Teck announced a proposed ~$53B “merger of equals” to form “Anglo Teck,” with Anglo shareholders to own ~62.4% and Teck shareholders ~37.6%; HQ planned in Vancouver and primary listing in London. This is an announcement, not a completed merger. (reuters.com, theguardian.com, marketwatch.com)
Press reports suggest the companies target 12–18 months to close, subject to shareholder and regulatory approvals across multiple jurisdictions. (thetimes.co.uk)
Teck became a pure-play base-metals producer after divesting 77% of Elk Valley Resources (steelmaking coal) to Glencore; final approvals arrived July 2024. (teck.com, mining.com)

Closing within this market’s deadline (Sep 1, 2026) appears challenging given the reported 12–18 month timeline from the Sept 9, 2025 announcement. (thetimes.co.uk)
Approvals likely needed in Canada (Investment Canada Act/competition), the UK, Chile, and other jurisdictions where both operate; interloper risk (e.g., rival bids) could delay or derail closing. (reuters.com, ft.com)

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