China Moly takes full control of ex-Dreyfus metals unit for $518 million | Reuters

China Molybdenum Co, majority owner of a huge copper-cobalt mine in the Democratic Republic of Congo, said on Thursday it had completed the acquisition of all of IXM, formerly the metals business of trading house Louis Dreyfus, for $518 million.

@ Reuters | July 25, 2019

EU: Commission clears acquisition of IXM by CMOC | Competition Policy International

The European Commission has approved, under the EU Merger Regulation, the acquisition of IXM of the Netherlands by CMOC Limited, a wholly owned subsidiary of China Molybdenum Co. Ltd (CMOC), of China.

@ Competition Policy International | July 1, 2019