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24 Jun
15:38

Erdemir delays decision to join Arvedi-led consortium

Erdemir’s participation in the Ilva consortium formed by Italian steelmaker Arvedi, the state-owned bank, Cassa Depositi e Prestiti and the Italian tycoon Del Vecchio, is currently uncertain, Kallanish learns from sources in the industry. The news follows the meeting, held in the Italian senate on 22 June, in which Giovanni Arvedi announced that his company would compete for Ilva's acquisition even without the support of the Turkish partner. The commen…
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