Anglo American upgraded at Berenberg after Teck Resources deal

3 hours ago 1
Copper Sheets

mabus13/E+ via Getty Images

Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) on Tuesday was upgraded to Hold from Sell by analysts at Berenberg, following the miner’s agreement to merge with Teck Resources (NYSE:TECK) (TECK.B) (TECK.A), a deal that would create the world’s fifth-largest copper producer.

Analyst Richard

Recommended For You

More Trending News

Read Entire Article