Anglo American Merger With Teck Resources Key Driver of Share Price -- Market Talk
Dow Jones
Feb 20
1213 GMT - Anglo American's pending merger with Teck Resources remains the key driver of the miner's outlook, Quilter Cheviot's Maurizio Carulli writes. Regulatory approval of the merger will make Anglo American a global copper giant, Carulli says. "Once the merger is completed in 12-18 months, significant cost savings and production growth will be achieved." Anglo's results were better than expectations, though currency fluctuations driven by a weaker dollar weighed on the group's costs, the analyst adds. Anglo American shares rise 0.7% in early afternoon European trade.(josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
February 20, 2026 07:15 ET (12:15 GMT)
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