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MMG hit with EU antitrust warning over nickel deal with Anglo American

Source: reuters.com

Antitrust & CompetitionM&A & RestructuringCommodities & Raw MaterialsRegulation & Legislation
MMG hit with EU antitrust warning over nickel deal with Anglo American

MMG received an EU antitrust warning over its proposed acquisition of Anglo American's Brazilian nickel business. Regulators said the Hong Kong-listed miner could redirect nickel supply away from Europe, potentially harming European stainless-steel producers and creating a material regulatory hurdle for the transaction.

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