ArcelorMittal Italia completes investment deal with Invitalia, becomes Acciaierie d'Italia

April 15, 2021 / www.metalbulletin.com / Article Link

Steelmaker ArcelorMittal has completed an investment agreement with Invitalia, an Italian state-owned company, forming a public-private partnership between the two parties, the steelmaker said on Wednesday April 14.

The joint company AM InvestCo Italy will be renamed Acciaierie d'Italia Holding, and its main operating subsidiary, ArcelorMittal Italia, will be renamed Acciaierie d'Italia.

Invitalia has injected ?,?400 million ($477 million) of new equity into AM InvestCo...

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