MMG extends acquisition deadline to 31 Oct 2026 as EU review of Anglo American nickel assets enters Phase II

Bulletin Express07-03

MMG Limited (MMG) has postponed the final deadline for its proposed purchase of Anglo American’s Brazilian nickel business from 30 June 2026 to 31 October 2026, according to a voluntary announcement dated 3 July 2026.

The acquisition remains conditional on several regulatory approvals. Filings with China’s National Development and Reform Commission and Ministry of Commerce have been accepted, and all other conditions precedent have been met except for merger-control clearance in the European Union.

The European Commission has moved its antitrust assessment into a Phase II investigation. MMG stated that the duration of this extended review is currently uncertain.

Both parties retain the right to terminate the share-purchase agreement after the new long-stop date if outstanding conditions are not satisfied or waived.

MMG confirmed it will continue working with Anglo American and the European Commission to facilitate completion of the regulatory process.

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