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Liberty, part of GFG Alliance, announced a conditional agreement on October 12, 2018, to buy four European steel plants from ArcelorMittal, including the integrated works at Galati (Romania) and Ostrava (Czech Republic), and rolling mills at Skopje (Macedonia) and Piombino (Italy). The deal is subject to regulatory approval.
“British-owned Liberty, part of Sanjeev Gupta’s global GFG Alliance, today announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.”instalnews.ro
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