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18 May
11:49

French government gives Liberty sales deadline: sources

The French government has set a 26 May deadline for Liberty Steel to prove it is able to financially guarantee the future of its French facilities, Ascoval and the Hayange rail mill, according to sources close to the matter. Since Liberty started the sales procedure (see Kallanish 27 April), four groups are rumoured to be interested in buying the mills. These include ArcelorMittal, Severstal, Greybull Capital and China’s Jingye Group, sources …
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