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03 Oct
09:21

Italian authorities greenlight Cognes Walsin Lihwa acquisition

The Italian prime minister’s office, Presidenza del Consiglio dei Ministri, has issued the official approval for Taiwan’s Walsin Lihwa’s buyout of Italian long stainless steelmaker Cogne Acciai Speciali (CAS), Kallanish learns from Cogne. Approval has also come from the Ministry of Economic Development (Mise) and Taiwan's antitrust authority. The deal closing will be concluded before the end of the year. In June, Walsin signed a contract to …
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