EU Opens Phase II Probe into MMG's Planned Purchase of Anglo-American Nickel Business
Reuters
Nov 05
EU Opens Phase II Probe into MMG's Planned Purchase of Anglo-American Nickel Business
MMG Limited has provided an update regarding its proposed acquisition of Anglo-American's nickel business in Brazil. While all other conditions for the deal have been met, the European Commission has decided to initiate a Phase II review to further examine the transaction for any potential anti-competitive concerns. MMG stated it will continue working with Anglo-American and the European Commission throughout the review process.
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