Tag «Ilva»

ArcelorMittal receives European Commission approval for its acquisition of Ilva

ArcelorMittal (‘the Company’) announces that it has been granted merger clearance by the European Commission (‘EC’ or ‘the Commission’) for AM Investco Italy Srl (AM Investco)’s proposed acquisition of Ilva S.p.A (Ilva). EC merger clearance follows the conclusion of the Commission’s Phase II investigation into the proposed acquisition of Ilva, and has been granted on …

ArcelorMittal-led consortium will continue discussions with the European Commission regarding the proposed acquisition of Ilva

8 November 2017 – ArcelorMittal today confirms that the European Commission has initiated a Phase II review of AM Investco Italy Srl (‘AM Investco’)’s proposed acquisition of Ilva S.p.A. ArcelorMittal will continue to work closely and constructively with the European Commission to explain the dynamics of the steel industry, the rationale of the proposed acquisition …

ArcelorMittal and Marcegaglia submit offer for Ilva – ArcelorMittal 

Investment commitments of over €2.3 billion in addition to the purchase price Intention to produce 9.5 million tonnes of finished products Commitment to build research and development centre in Taranto Commitment to implement new low-carbon steel-making technologies Letter of intent to join consortium signed with Banca Intesa SanPaolo   6 March 2017 –  ArcelorMittal and …

ArcelorMittal and Marcegaglia submit offer to acquire Ilva

30 June 2016 – ArcelorMittal and Marcegaglia today announce they have submitted an offer for the acquisition of Ilva. The offer details the consortium’s industrial and environmental plans for Ilva, outlining: A commitment to improving Ilva’s environmental performance, through the installation of best available technology, bringing Ilva in-line with European environmental standards and legislation; The …