25
May
12:46
AM Investco accepts Ilva bid extension request
AM Investco, the ArcelorMittal-Marcegaglia joint venture created to bid for the acquisition of the troubled Italian steelmaker Ilva, has confirmed that it will extend the validity of its bid until March 2018.
A spokesperson from ArcelorMittal tells Kallanish that this decision was in response to a direct request from the administrators of Ilva.
As reported, the process of selecting the winner of the auction for Ilva has met with a new obstacle durin…
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Anonymous
Very good overview of the weekly steel market.
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