Italy-based Amenduni Group is seeking €300 million from the Italian government for the 10.5 percent stake in Taranto-based Italian steelmaker Ilva held by Amenduni subsidiary Valbruna Nederland B.V, as reported in the Italian financial newspaper Il Sole 24 Ore. The amount in question is based on an evaluation of €2.526 billion of Ilva’s worth made at the end of 2012.
On January 4 this year, Italian economic development minister Federica Guidi signed a decree putting the Ilva facilities up for sale as part of efforts by Italy’s government to keep the struggling steel producer alive. Would-be buyers have up to February 10 to submit their offers. The assets in question include Ilva Spa, Ilva Servizi Marittimi, Ilvaform, Innse Cilindri, Sanac, Taranto Energia, Socova and Tillet.