The European Commission (EC) has approved the acquisition of Evraz Palini & Bertoli, currently owned by Russia's Evraz, by re-roller Marcegaglia Plates, the EC said on Wednesday November 20.
Evraz Palini & Bertoli and Marcegaglia Plates are both located in Italy and re-roll heavy plate from imported steel slab.The EC concluded, under its EU Merger Regulation, that the...