Anglo American (AAL) Stock Outlook 2025: Teck Merger, BHP Exit and Copper Boom Reshape the Investment Case
Anglo American shares closed at 2,851p in London ahead of December 1, up 15% over the year, with a market cap near £31 billion. BHP ended its takeover pursuit in late November, clearing the way for Anglo’s planned merger with Teck Resources. The deal would see Teck shareholders receive 1.3301 Anglo shares each and Anglo pay a US$4.5 billion special dividend. Analyst price targets hover just above current levels.