Teck Had On-Off Talks With Rival Partner to Anglo for Two Years
Teck Had On-Off Talks With Rival Partner to Anglo for Two Years
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Teck Had On-Off Talks With Rival Partner to Anglo for Two Years

🕒︎ 2025-11-11

Copyright Bloomberg

Teck Had On-Off Talks With Rival Partner to Anglo for Two Years

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Before it agreed to merge with Anglo American Plc , Canadian miner Teck Resources Ltd. had been in parallel talks with a rival suitor for two years. Between May 2023 and May 2025, Teck had discussions with a “strategic counterparty,” which it only names as Party X in documents sent to shareholders ahead of their vote on whether to approve its sale to London-based Anglo American on Dec. 9.

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