EU's MMG deal objections put spotlight on motives of China's SASAC
By Nicholas Hirst ( September 17, 2026, 15:23 GMT | Comment) -- EU merger investigators this week lodged their formal objections to miner MMG's plan to buy a nickel business from Anglo American — and in so doing they appear for the first time to have trained their sights directly on China's behemoth state asset supervisor SASAC, which is MMG's ultimate controller. Fears center on the idea that SASAC has the economic or geopolitical incentive to squeeze EU steelmakers, but making the case will be far from simple.Chinese state giant SASAC has joined the rogues' gallery of global companies that have attracted EU competition concerns....
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