Of the 29 companies which have expressed interest in acquiring the whole of Italian steelmaking group Ilva or individual companies within the group, 19 have been given the green light for the second stage of due diligence. The second phase includes access to all the company's accounts and systems, as well as an inspection of the production sites of the group and the management presentation organized by Rothschild, global advisor for transactions relating to Ilva.
The companies already known to have been admitted to the second stage include Eusider, Cassa Depositi e Prestiti, Tecnotubi, Finarvedi, Marcegaglia Carbon Steel, CSN Steel SL, ERP Compliant Fuels Llc, and ArcelorMittal S.A. Sources have also indicated the following names: DHI Di Nardi, Foundry Boccaccio, Zaklady Magnezytowe Ropczyce SA, Traffic Sign CAR, Faser, Vesuvius Italy, Ionian Shipping Consortium, Lucchini RS, Fonderie Mora Gavardo, Pan Atlantic Shipping and Magnesita Refractories GmbH.
Furthermore, regarding other companies seeking admittance to the second stage of due diligence, integration of documentation has been sought from P & C (Shenzhen) Industry Fund Management Partnership and Trasteel International, while additional documents must also be presented by four other companies, namely, Euroflex, Eregli Demir Ve Celik Fabrikalari, Etablissement Robert et Compagnie, and Mosellane Société de Vente de Fer-Tôles-Aciers SAS.