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    ‘Canada will take a close look at the Teck-Anglo deal,’ finance minister says

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    'Canada will take a close look at the Teck-Anglo deal,' finance minister says

    TORONTO, Sept 20 (Reuters) – The proposed $53 billion merger between Teck Resources (TECKb.TO), opens new tab and Anglo American (AAL.L), opens new tab is under review by Canada’s federal government, which must make sure it is in the net benefit of the country, Finance Minister Francois Philippe Champagne said on Saturday.
    “Canada will take a close look at the Teck-Anglo deal,” Champagne said, to determine if the industry minister will approve it.
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    Divya Rajagopal in Toronto; Editing by David Gregorio
    Our Standards: The Thomson Reuters Trust Principles., opens new tab
    Divya Rajagopal
    Thomson Reuters
    Divya Rajagopal reports on Canada mining sector, where she covers breaking news on critical minerals deals, takeovers and mergers in the mining sector and how miners deal with climate change and ESG imperatives. Divya previously worked as a financial journalist with Economic Times and CNBC TV18 based out of India. She holds a Masters in Global Affairs from the University of Toronto and a Masters in Technology and Social Change from Lund University, Sweden.

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