The European Commission (EC) has approved the acquisition of two Italian steel service centers, affiliated with Italian steelmaker Ilva, by ArcelorMittal and Italian company Coils Lamiere Nastri (CLN).
The service centers in Legarno and Paderno Dugnano, Italy, were among the Ilva assets acquired by ArcelorMittal, the EC said on Friday March 29. It approved the acquisition under EU Merger Regulations.The EC "concluded that...