Ilva extends deadline for bidders to submit business plans

The deadline for Ilva’s bidders to submit their business plans for the Italian steelmaker was extended on February 3 for an unspecified period, an Ilva spokesman told Metal Bulletin on Monday February 6.

The two consortiums bidding to buy Ilva were originally expected to submit their business plans for evaluation by Ilva’s special administration by February 8.
A new deadline has not yet been established, Ilva added.

The extension is the latest delay in a sales process that has already seen many...


Lorenzo Holt

February 06, 2017

14:39 GMT