MMG Nickel Deal Probe Resumes, Nov 30

MMG Nickel Deal Probe Resumes, Nov 30

The European Commission has restarted its antitrust investigation into MMG's proposed acquisition of Anglo American's Brazilian nickel operations, establishing November 30 as the deadline for a final decision. MMG, a Hong Kong‑listed mining and metals company trading under HKEX:1208, had previously failed to submit required information, leading EU competition authorities to suspend the probe in November under the EU merger review rules that permit regulators to pause the clock when firms do not provide timely data.

The Commission earlier expressed concerns that the transaction could enable MMG to redirect ferronickel supplies away from Europe, which might adversely affect European stainless‑steel production. The investigation is now proceeding under the same EU merger review framework, with the new deadline intended to give the parties additional time to furnish the outstanding information.

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