Teck Resources (TECK) Gets 11% Boost From $53-Billion Anglo Merger

We have recently published 10 stocks with equal gains -1 rising 3000 %. TecK Resources Ltd. (NYSE: TECK) is one of the best artists on Tuesday.

TECK Resources extended its winning plan to a third consecutive day on Tuesday, when it jumped 11.28 percent to close at $ 39.07 each after obtaining support for shareholders to integrate the planned $ 53 billion with Anglo -American PLC, which would create the fifth largest copper producer in the world.

In a statement, Teck Resources Ltd.

Under the agreement, the shareholders of the A and B at Teck Resources Ltd.

Upon closing the transaction, TECK Resources Ltd.

According to the company, the proposed merger is expected to provide investors with more than 70 percent of copper.

She said that the integration company will also work with the stakeholders and the main partners in two mining sites in Collahuasi and Quebrada Blanca in Chile, which will generate about $ 26.6 billion in Ebitda from 2030 to 2049, or the equivalent of $ 1.4 billion annually.

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Detection: Nothing. This article was originally published in A monkey from the inside.