Movim • Anglo American drops plan to pay bosses millions in bonuses after $50bn Teck merger backlash

Th chevron_right

Anglo American drops plan to pay bosses millions in bonuses after $50bn Teck merger backlash

news.movim.eu / TheGuardian • 8 December 2025

FTSE 100 miner’s U-turn follows investor opposition to payouts when deal completes, including estimated £8.5m to CEO

Business live – latest updates

London-listed miner Anglo American has dropped plans to award its bosses multimillion-pound bonuses if its planned $50bn mega-merger with a Canadian rival goes through, after a backlash from its investors.

The FTSE 100 miner had sought shareholder approval for a plan to award its chief executive, Duncan Wanblad, a huge share bonus if the deal to buy Teck Resources to create a copper producing giant is completed.

Th chevron_right

Anglo American drops plan to pay bosses millions in bonuses after $50bn Teck merger backlash

news.movim.eu / TheGuardian • 8 December 2025

FTSE 100 miner’s U-turn follows investor opposition to payouts when deal completes, including estimated £8.5m to CEO

Business live – latest updates

London-listed miner Anglo American has dropped plans to award its bosses multimillion-pound bonuses if its planned $50bn mega-merger with a Canadian rival goes through, after a backlash from its investors.

The FTSE 100 miner had sought shareholder approval for a plan to award its chief executive, Duncan Wanblad, a huge share bonus if the deal to buy Teck Resources to create a copper producing giant is completed.

Th chevron_right

Anglo American drops plan to pay bosses millions in bonuses after $50bn Teck merger backlash

news.movim.eu / TheGuardian • 8 December 2025

FTSE 100 miner’s U-turn follows investor opposition to payouts when deal completes, including estimated £8.5m to CEO

Business live – latest updates

London-listed miner Anglo American has dropped plans to award its bosses multimillion-pound bonuses if its planned $50bn mega-merger with a Canadian rival goes through, after a backlash from its investors.

The FTSE 100 miner had sought shareholder approval for a plan to award its chief executive, Duncan Wanblad, a huge share bonus if the deal to buy Teck Resources to create a copper producing giant is completed.