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26 Jun
11:12

ArcelorMittal takeover of Ilva set to be delayed

The takeover of troubled Italian steelmaker Ilva by ArcelorMittal is set to be postponed by at least one month, sources in the market confirm to Kallanish. Rumours of a possible closure of the Taranto integrated steelmaking plant have been gradually subsiding. it is understood however that the new Italian government is willing to postpone the takeover by at least one month to carry out further negotiations with the unions …
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