Italy expects better proposal for Ilva regarding environment and jobs

Wednesday, 11 July 2018 17:23:03 (GMT+3)   |   Istanbul
       

Italian industry minister Luigi Di Maio has stated that the proposal from global steel giant ArcelorMittal regarding the environment and jobs at Italian steelmaker Ilva is not satisfactory, according to Reuters.

After a meeting with ArcelorMittal and union representatives in Rome, Mr. Di Maio said that he expects a much better proposal from ArcelorMittal in terms of both the environment and employment.

ArcelorMittal should have closed its purchase of Ilva by June 30, but the Italian authorities have postponed the takeover until September 15.


Similar articles

ArcelorMittal reaches deal with unions over recruitment plan for Ilva takeover

07 Sep | Steel News

European Commission approves ArcelorMittal's acquisition of Ilva

07 May | Steel News

ArcelorMittal submits proposed divestment package to EC as part of Ilva deal

13 Apr | Steel News

EU antitrust regulators push back their decision on Ilva sale

27 Feb | Steel News

EU antitrust regulators to decide on Ilva sale to AM InvestCo after Italian elections

22 Feb | Steel News

CDP could join AM InvestCo Italy's bid to buy Ilva, Marcegaglia could exit

18 Dec | Steel News

AM Investco inks binding agreement with Italian government for purchase of Ilva

19 Jun | Steel News

ArcelorMittal and Marcegaglia submit offer for Ilva

30 Jun | Steel News

ArcelorMittal reaches deal with unions over recruitment plan for Ilva takeover

07 Sep | Steel News

European Commission approves ArcelorMittal's acquisition of Ilva

07 May | Steel News