The European Commission (EC), under its EU Merger Regulation, has approved Liberty House Group as a suitable purchaser of several steel plants put up for sale by ArcelorMittal, the Commission said on Wednesday April 17.
The assets have been sold under commitments made by ArcelorMittal to the EC when it bought Italian steelmaker Ilva.Assets included within the divestment package are a steel plant in Ostrava, Czech Republic; the Galati mill in Romania; the Skopje facility in Macedonia; the hot-dipped galvanized (HDG) steel production plant...