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05 Jun
22:16

Italian government accepts AM Investco offer for Ilva

The Italian government has formally given its blessing to the ArcelorMittal/Marcegaglia-backed consortium AM Investco bid for troubled local steelmaker Ilva. The authorities announced the decision yesterday 5 June as anticipated. Kallanish notes. In a statement on its website the economy ministry, Ministero dello sviluppo economico, says that it has signed a decree “… authorising the Extraordinary Commissioners of the Ilva Group under Extraordi…
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