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Home > Finance > Brazil antitrust watchdog shelves probe into Anglo American nickel deal, Folha reports

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Brazil antitrust watchdog shelves probe into Anglo American nickel deal, Folha reports

Published by Global Banking and Finance Review

Posted on September 18, 2025

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SAO PAULO (Reuters) -Brazil's antitrust watchdog CADE has dismissed an investigation into Anglo American's plan to sell its nickel operations in the country to a unit of Hong Kong-listed MMG for up to $500 million, newspaper Folha de S.Paulo reported on Wednesday.

Anglo American and CADE did not immediately respond to requests for comment.

The probe had been opened after a complaint from CoreX Holding, a global industrial group and direct competitor in the region, according to a Financial Times report earlier this month.

(Reporting by Fernando Cardoso; Additional reporting by Marta Nogueira and Andre Romani; Editing by Gabriel Araujo)

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