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12 Oct
12:06

Italian unions express concern over AST sale

Italian unions have expressed concern at the lack of information regarding thyssenkrupp’s divestment of its Italian asset, Acciai Speciali Terni (AST). This comes in the wake of the company’s announcement in a Reuters interview that JP Morgan has been appointed as an advisor for the sale. ThyssenKrupp’s Italian unit is going through a difficult patch due to the collapse in demand related to the coronavirus pandemic, and has been extending layoffs…
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