UPDATE 1-MAN, IPIC end Ferrostaal wrangling with sale deal


* MAN to buy back Ferrostaal for 350 mln eur * MPC to then buy unit from MAN for up to 160 mln eur (Adds details, comment) FRANKFURT, Nov 28 (Reuters) - Germany's MAN and Abu Dhabi's International Petroleum Investment Company (IPIC) have agreed to sell their jointly held unit Ferrostaal to Hamburg-based investor MPC, ending more than a year of wrangling over the unit. MAN sold 70 percent of Ferrostaal to sovereign wealth fund IPIC in 2009, but when it tried to sell the remaining 30 ...

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