Anglo, Teck Investors Back Deal to Create $50 Billion Miner (1)

Anglo American Plc and Teck Resources Ltd.shareholders voted in favor of the two companies combining, clearing a key step toward the creation of a $50 billion metals producer focused on copper mines in Chile and Peru.

Investors of Teck’s widely traded Class B shares endorsed the deal, with 89.7% of votes cast in favor at a Vancouver meeting, the company said in a statement. Anglo said in its statement that 99.2% of votes cast at its London meeting approved the tie-up. The votes, which were widely expected to pass, help advance a transaction that would rank among the ...