Tag «Marcegaglia»

ArcelorMittal led consortium reaches agreement regarding Ilva lease and purchase agreement

16 June 2017 – ArcelorMittal (‘the Company’) and Marcegaglia announce that AM Investco Italy Srl (‘AM Investco’) has concluded the exclusive negotiation phase and reached a binding agreement concerning the lease and obligation to purchase Ilva S.p.A and its subsidiaries with the Italian Government. The ancillary documentation will be completed by 30 June. Intesa Sanpaolo …

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 …