Anglo American Nickel Sale Faces Brazil Probe

CADE investigating Anglo American's planned $500m nickel operations sale in Brazil

Brazil’s competition watchdog, CADE, has reportedly initiated an investigation into the proposed sale of Anglo American's nickel operations in the country.The post CADE investigating Anglo American’s planned $500m nickel operations sale in Brazil appeared first on Mining Technology.

Anglo American nickel sale faces Brazil probe

Anglo American, the mining group led by South African executive Duncan Wanblad, is facing fresh scrutiny after Brazil’s competition authority opened an investigation into its planned $500 million nickel sale. The probe follows a February agreement to sell Anglo’s nickel business to MMG Singapore Resources, part of China-backed MMG Limited.Cade reviews Anglo’s $500 million nickel dealBrazil’s regulator, known as Cade, said it had launched a revie…

Brazil probes Anglo’s $500M nickel sale to China’s MMG - The Northern Miner

Brazil’s competition authority has launched an investigation into Anglo American’s plan to sell its nickel operations in the country to China’s MMG for up to $500 million. The probe, first...

Brazil probes Anglo American nickel disposal

BRAZIL’S competition regulator has opened an investigation into Anglo American’s proposed disposal of its nickel assets in the country, creating fresh obstacles for the mining giant’s ongoing restructuring programme, said the Financial Times on Wednesday. Cade, Brazil’s antitrust authority, launched the probe following a complaint about the $500m transaction agreed in February with MMG Singapore Resources, a subsidiary of China-backed MMG. The r…