Two companies based in China are reportedly initiating the competitive bidding process for Peru-based mines being sold by Glencore Xstrata. The mines are valued at nearly $4.6 billion. Unnamed sources say that Chinese-based companies Chinalco Mining Corp International and MMG group, based in Hong Kong, are both vying for a buyout; further, those sources expect to see bids entered from India-based companies as well. The mining divestments are part of an agreement made between Glencore and Chinese antitrust regulator to ease competition concerns over its acquisition of Xstrata, which took place earlier this year.
Featured News
CRA Expands Antitrust Expertise with Senior Economist Appointment
Jul 13, 2025 by
CPI
Disney’s Proposed Antitrust Settlement Triggers Clash Among Plaintiffs’ Law Firms
Jul 13, 2025 by
CPI
Brazilian Antitrust Authority Greenlights Goodyear Chemical Unit Sale
Jul 13, 2025 by
CPI
DOJ Greenlights T-Mobile’s Purchase of US Cellular Assets Despite Market Concentration Concerns
Jul 13, 2025 by
CPI
Judge Rejects Novartis Bid to Delay Entresto Generic
Jul 13, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Surveillance Pricing
Jul 14, 2025 by
CPI
Should We Fear Personalized Pricing?
Jul 14, 2025 by
John Yun
Data and Price Competition: The Special Role of Information About Rivals’ Prices
Jul 14, 2025 by
Zach Y. Brown & Alexander MacKay
Surveillance Pricing: A Cautionary Summary of Potential Harms and Solutions
Jul 14, 2025 by
Ginger Zhe Jin, Liam Wagman & Mengyi Zhong
The Rise of Surveillance Pricing
Jul 14, 2025 by
Rebecca Kirk Fair, Alvaro Ziadi & Juan Carvajal