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1208 MMG News Story

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Anglo American offers remedies in bid for EU okay for MMG deal, source says

BRUSSELS, Oct 15 (Reuters) - Anglo American AAL.L has offered to buy ferronickel from MMG 1208.HK for resale in Europe for up to 10 years in a bid to ease EU antitrust concerns about the sale of its nickel business to a unit of the Hong Kong-listed company, a person with direct knowledge of the matter said on Wednesday.

   London-listed Anglo American announced the $500 million deal to sell its nickel business in Brazil in February. The European Commission is now examining the sale.

 (Reporting by Foo Yun Chee; Editing by Kirsten Donovan)

 ((foo.yunchee@thomsonreuters.com; +32 2 585 2866; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))

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