24
May
15:27
Del Vecchio to provide funding for Ilva's relaunch
The founder and chairman of Luxottica, Leonardo del Vecchio, has confirmed his interest in supporting government-owned bank Cassa Depositi e Prestiti (Cdp)’s effort to relaunch Ilva, Kallanish learns from sources close to the process.
The chairman is reported to be able to take part in the auction through his ownership of the holding Delfin, which would provide funds to the most suitable consortium selected by Cdp, sources say.
The tycoo…
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Very good overview of the weekly steel market.
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