#regulatory-approval

#regulatory-approval

London-listed miner Anglo American and Canada's Teck Resources plan to merge, marking the sector's second-biggest mergers and acquisitions deal ever and forging a new global copper-focused heavyweight. Under the proposed deal, which will require regulatory approvals and was announced on Tuesday, Anglo American shareholders will own 62.4 percent of the new company, Anglo Teck, while shareholders in Teck would hold 37.6 percent.

Independent railroad analyst Tony Hatch stated that the progress in negotiations indicates that the companies have identified benefits such as efficiency, which would be transferred to customers. This is vital for regulatory approval under the Surface Transportation Board's enhanced competition clause.

If you're General Motors or Toyota, you don't want your competitors coming into your manufacturing plant and seeing how you run your processes.

The effort to restructure Thames Water's balance sheet is complex and time-consuming, primarily dependent on lenders agreeing to write off losses and regulatory approvals.

"The implication was that they were connected," Jallow said, referring to Cromer's statement linking U.S. support to the progress of Starlink's license application in Gambia.

The acquisition "will strengthen UniCredit's market position in the private and corporate customer business in Germany," said Andreas Mundt, head of Germany's Federal Cartel Office.