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27 Apr
13:16

Liberty in France may look for a buyer

According to informed sources, Liberty Steel will be looking for a buyer for its two French facilities, Kallanish discovers. Despite the €20 million ($24m) loan the French government provided in March for Liberty’s Ascoval and Hayange plants to pay wages and procure feedstock, the financial situation of the steelmaker remains troubled. A source close to the matter says that the management’s choice to begin dismembering its vast collection of compa…
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