UPDATE 1-3M settles US anti-bribery law charges in China unit, SEC says

Aug 25 (Reuters) – 3M Co has agreed to pay more than $6.5 million to resolve U.S. charges of Foreign Corrupt Practices Act violations (FCPA) related to a 3M subsidiary in China, the Securities and Exchange Commission said on Friday. The SEC alleged that a 3M unit in China made arrangements to provide Chinese government officials with overseas travel, including tourism activities, to induce them to purchase company products, according to a statement from the U.S. regulator.