16
Jul
01:00
Italy's Lucchini reports receiving 5 bids
Italy’s Lucchini says it has received five bids for some of its company. Many local reports suggest that India’s Jindal (JSW) could be the favourite, with its bid for a 69.27% stake in the company.
A JSW spokesman declined to comment, other than confirming that his company is looking at overseas and domestic acquisitions. This is because they would assist JSW in its strategy to “focus on backward and forward integration opportunities [for JSW…
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Anonymous
Very good overview of the weekly steel market.
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