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An announcement from MMG ( (HK:1208) ) is now available.
MMG Limited announced that the European Commission will conduct a Phase II merger investigation into its planned acquisition of Anglo-American’s nickel business in Brazil. This detailed review aims to ensure there are no anti-competitive concerns with the acquisition, which is a crucial step for MMG as it seeks to expand its operations and strengthen its position in the global nickel market.
The most recent analyst rating on (HK:1208) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on MMG stock, see the HK:1208 Stock Forecast page.
More about MMG
MMG Limited is a company incorporated in Hong Kong, operating in the mining industry. It focuses on the acquisition and development of mineral resources, with a particular emphasis on nickel and other base metals.
Average Trading Volume: 72,173,352
Technical Sentiment Signal: Buy
Current Market Cap: HK$81.95B
Learn more about 1208 stock on TipRanks’ Stock Analysis page.