Jefferies backs Anglo American ahead of Teck deal timeline
Jefferies says Anglo American is progressing on planned simplification and is well-positioned to create significant value. The analysts expect the $53 billion merger with Teck Resources to complete by March 2027, with potential for an earlier close.
Anglo American is progressing on its planned simplification and is well-positioned to create significant value, Jefferies analysts write.
The London-listed miner is expected to complete its $53 billion merger with Canada-based Teck Resources by March 2027, but Jefferies believes it could close by t…