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29 Jan
12:43

EU approves Invitalia, ArcelorMittal partnership for Ilva

The European Commission has given ArcelorMittal’s Italian entity AM InvestCo Italy and government financial body Invitalia the go-ahead for the merger involving former steelmaker Ilva, Kallanish learns from the Commission. On 6 January, the EU received notification of a proposed concentration by which Invitalia and ArcelorMittal are to acquire joint control of the whole of AM InvestCo Italy, controlled by ArcelorMittal. The European Commission has decided no…
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