ArcelorMittal and Marcegaglia JV wins bid for Ilva steel assets

AM Investco Italy, a joint venture of ArcelorMittal and Marcegaglia, submitted the winning bid for the acquisition of Italian steelmaker Ilva S.p.A., including the largest steelmaking plant in Europe in Taranto, for a combined €4.2 billion investment.

“Cleary Gottlieb advises AM Investco Italy, a joint venture of the steelmaking groups ArcelorMittal and Marcegaglia, on the winning bid for the acquisition of the assets of Italian steelmaking group, Ilva S.p.A.”clearygottlieb.com

• 2 sources
• clearygottlieb.comArcelorMittal and Marcegaglia Joint Ventures Winning Bid for Ilva | Cleary GottliebJun 8, 2017
• tytsteelpipes.comThe Two Major Mergers Of EU Steel Industry And Acquisitions Surplus Production Is Expected To Eiminate - Industry News - News - Tianyingtai Steel PipeJun 18, 2017

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