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Greece's Mytilineos to bid for Larco- CEO

Wed Jun 24, 2009 4:05am EDT

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ATHENS, June 24 (Reuters) - Greek metals group Mytilineos Holdings (MYTr.AT), a major Balkan producer of aluminium, plans to submit a bid for state-controlled nickel producer Larco, its chief executive said on Wednesday.

"We are assembling a very strong team of advisers to help us submit a bid for Larco," CEO Evangelos Mytilineos said during a presentation to analysts in Athens.

Larco, one of the world's top producers of steel alloy ferronickel, is owned by the Greek government, National Bank (NBGr.AT) and Public Power Corp (DEHr.AT).

(Reporting by Harry Papachristou;)



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