MMX Receives Indications of Interest for Equity Investment In LLX
28 Juin 2007 - 3:45AM
Business Wire
MMX Minera��o e Met�licos S.A. (Bovespa: MMXM3) (TSX: XMM) (�MMX�
or the �Company�) has received indications of interest from certain
financial investors interested in purchasing a minority stake in
MMX�s wholly-owned subsidiary LLX Logistica S.A. (which owns a 70%
interest in LLX A�u Opera��es Portu�rias S.A. and will hold a 51%
interest in LLX Minas-Rio Logistica S.A. immediately after the
closing of its transaction with Anglo American, as disclosed in
MMX�s press releases dated April 23 and May 14, 2007). The
indications are preliminary and non-binding, and are subject to
satisfactory due diligence, tax, legal and other considerations,
including negotiation of transaction documents. The Company has not
yet determined to enter into a transaction with any of the
investors on the basis of the indications of interest, and such
transaction would be subject to various conditions. The Company
will keep the market and its shareholders informed as to any new or
further material developments regarding these indications of
interest. Luiz Rodolfo Landim Machado Executive President and
Investor Relations Officer MMX Mineracao e Metalicos S.A.
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