29
Jun
14:00
Italy's CDP backs new Ilva-bid company AcciaiItalia
State-owned Italian bank Cassa Depositi e Prestiti (CDP) has reportedly granted its financial support to the Arvedi-led consortium for the acquisition of Ilva, Kallanish learns from sources close to the process. The group, which will also include the founder and chairman of Luxottica, Leonardo Del Vecchio, is expected to create a new special purpose vehicle company, namely AcciaiItalia Spa, by 30 June.
As announced by Arvedi during a recent hearing at the Italia…
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Very good overview of the weekly steel market.
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