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01 Jun
13:42

Italian government to approve Ilva sale next Monday

The Italian government is expected to sign the official decree to start the process of selling the troubled Italian steelmaker Ilva to AM Investco on 5 June, Kallanish learns from sources. The consortium, led by ArcelorMittal, was announced as winner of the bidding process last week. Trade unions continue to declare their intention to battle against the planned 5,000 job cuts contained in the industrial plan presented by AM Investco. Sou…
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