Finance
Anglo American Expects Final Approval for Teck Resources Merger Between September and March
Published by Global Banking & Finance Review®
Posted on March 18, 2026
1 min readLast updated: March 18, 2026
Quick Summary
Anglo American expects final regulatory approval for its merger with Teck Resources between September 2026 and March 2027, reaffirming earlier timelines despite misinterpretations of recent comments.
Anglo American Expects Teck Resources Merger Approval Between Sept 2026 and Mar 2027
Regulatory Approval Timeline and Company Statements
Overview of Expected Approval Dates
SAO PAULO, March 18 (Reuters) - London-listed mining company Anglo American expects to get final regulatory approval for its merger with Teck Resources between September this year and March 2027, a spokesperson said on Wednesday.
Clarification on Regulatory Approvals
The company clarified its expectations for approval from China and South Korea after earlier comments from an executive at an event in Brazil's Sao Paulo, who said that final approvals were expected around the third quarter of 2026.
Official Company Statement
"Nothing has changed on this front and (CEO) Duncan Wanblad's comments from a few weeks ago stand - we expect approvals within the originally anticipated timeline, meaning between September 2026 and March 2027," the spokesperson said in an email.
(Reporting by Oliver Griffin; Editing by Mark Porter)
Key Takeaways
- •Merger announced September 9, 2025 as an all‑share “merger of equals” forming Anglo Teck, valued around US$53 billion, with Anglo shareholders holding ~62.4% and Teck ~37.6% (angloamerican.com).
- •Investment Canada Act approval and shareholder endorsement obtained by December 16, 2025; regulatory approvals progressing across nine jurisdictions including China and South Korea (investing.com).
- •EU antitrust clearance is underway, with Europe signalling no competition concerns as of January 8, 2026 (investing.com).
References
Frequently Asked Questions about Anglo American expects final approval for Teck Resources merger between September and March
1When does Anglo American expect final approval for its merger with Teck Resources?
Anglo American expects final regulatory approval between September 2026 and March 2027.
2Which countries' approvals are still pending for the Anglo American and Teck Resources merger?
Regulatory approvals from China and South Korea are still pending.
3Has the expected timeline for the merger approval changed?
No, the company confirmed that the originally anticipated timeline remains unchanged.
4Who clarified the expected timeline for the merger's approval?
A spokesperson for Anglo American clarified the expectations by email.
5Where was the merger timeline clarification mentioned?
The clarification was given following an executive's comments at an event in Sao Paulo, Brazil.
