Canada industry minister to meet CEOS of Teck and Anglo American

Reuters) – Canadian Industry Minister Melanie Joly on Tuesday said she would be meeting the CEOs of Anglo American (AAL.L), opens new tab and Teck Resources (TECKb.TO), opens new tab next week to discuss their proposed merger.

“There have been conversations with the companies and clearly we wanted to make sure that there would be a net benefit to Canada,” she told reporters ahead of a regular cabinet meeting.

The deal needs approval from Ottawa.