# European Commission approves ArcelorMittal's acquisition of Ilva

The European Commission granted merger clearance for AM Investco Italy Srl's proposed acquisition of Italian steelmaker Ilva S.p.A., subject to ArcelorMittal's commitment to dispose of assets in several European countries. Closing is expected as soon as possible.

- Type: Acquisition
- Announced: 2018-05-07
- Where: Taranto, Italy
- Status: announced
- Products: hot rolled steel, cold rolled steel, galvanised flat carbon steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal](https://endata.com/companies/292.md) (acquirer)
- [Ilva](https://endata.com/companies/24770.md) (target)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/european-commission-approves-arcelormittals-acquisition-of-ilva-1037612.htm), 2018-05-07: "Today's decision makes sure that ArcelorMittal's acquisition of Ilva, creating the by far largest steelmaker in Europe, does not result in higher steel prices."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.