Marcegaglia drops out of Ilva bid over EU antitrust concerns

Italian re-roller Marcegaglia has left AM Investco, the ArcelorMittal-led joint venture aiming to buy Italian steelmaker Ilva, market sources told Metal Bulletin on Tuesday Decmber 19.

The change is expected to help the bid to avoid “potential problems with [the] anti-trust commission dossier,” according to market sources.

“Marcegaglia is out... substituted with...

Published

Maria Tanatar

December 19, 2017

17:24 GMT

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