EU authorities postpone decision on Ilva sale to November 13

The EU’s competition regulators have rescheduled their announcement of a decision on the sale of Italian flat steel producer Ilva to November 13 this year, a spokeswoman for the European Commission (EC) confirmed to Metal Bulletin on Monday October 23.

The decision was postponed because the intended purchaser, AM Investco Italy, a consortium led by ArcelorMittal and Italian re-roller Marcegaglia, submitted commitments to the authorities on October 19.

These commitments are modifications...

Published

Maria Tanatar

October 23, 2017

16:38 GMT

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