MF Global Holdings, Ltd. (fka MFGLQ)

[sterlingkuning]

KPMG still in talks to sell MF Global metals team
By Andrea Hotter
LONDON (MarketWatch) -- Discussions to sell the metals team of MF Global Holdings Ltd. (OTN:MFGLQ) are continuing, with no deal yet agreed, a spokeswoman for KPMG, administrator to the U.S. brokerage's bankruptcy, told Dow Jones Newswires Monday.

"We're still in negotiations," Sorrelle Cooper said.

A number of firms have been looking at the MF Global metals operations with its U.S.-based head Fred Demler working on a plan to keep its team intact.

The rumor mill has gone into overdrive as to who the possible buyer could be. The latest name in the frame is INTL FCStone Inc. (NASDAQ:INTL) , whose U.K. subsidiary is already a category two member of the LME.