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Italian authorities have approved Taiwan's Walsin Lihwa's buyout of 70% of Italian long stainless steelmaker Cogne Acciai Speciali. The deal closing is expected before the end of 2022, with over EUR 110 million investment planned in the Aosta plant between 2022-2024.
“The strategy is to create the world's largest group in the production of special long stainless steels.”eurometal.net
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