Canada has approved the merger of Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK) and Anglo American (LSE:AAL,OTCQX:AAUKF), clearing a major regulatory hurdle to create a new global mining heavyweight worth more than $53 billion. Teck and Anglo American said they received approval under the Investment Canada Act, allowing the companies to proceed with their planned “merger of equals.” first […]
