ArcelorMittal, Italy's CDP lead rival bids to buy Ilva steel plant

ArcelorMittal, Italy's CDP lead rival bids to buy Ilva steel plant

Photo: Pixabay

ArcelorMittal and Italy’s Marcegaglia have offered to acquire Italian steel plant Ilva, pitting themselves against a rival joint bid by Italy’s state lender CDP, businessman Leonardo Del Vecchio’s holding company and steelmaker Arvedi.

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