Published by Global Banking and Finance Review
Posted on September 18, 2025
1 min readLast updated: January 21, 2026
Brazil's CADE has stopped investigating Anglo American's $500M nickel sale to MMG, following a complaint by CoreX Holding.
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)
CADE has dismissed an investigation into Anglo American's plan to sell its nickel operations in Brazil.
The probe was opened following a complaint from CoreX Holding, a direct competitor in the region.
The Financial Times reported on the complaint from CoreX Holding earlier this month.
Anglo American and CADE did not immediately respond to requests for comment.
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