Milan, 28 July (LaPresse) – “In light of the statement from Palazzo Chigi, following the ruling by the Milan Court of Appeal, the Jindal Group confirms its commitment to proceeding with the acquisition of the former Ilva site in Taranto and Acciaierie d’Italia, including both the cold and hot rolling mills, subject to the finalisation of the relevant agreements, including the construction of a new carbon-free furnace in Taranto.” This was stated in a press release by the Jindal Group, assisted by Chiomenti as legal adviser. The Jindal Group, the press release continues, “hopes to finalise the transaction and is ready to agree on the terms to resolve this extremely complex situation, not least in the interests of the Italian and European steel industry”.
Former Ilva, Jindal Group: ‘We confirm our commitment to proceeding with the acquisition’
Milan, 28 July (LaPresse) – “In light of the statement from Palazzo Chigi, following the ruling by the Milan Court of Appeal, the Jindal Group confirms its commitment to proceeding with the acquisition of the former Ilva site in Taranto and Acciaierie d’Italia, including both the cold and hot rolling mills, subject to the finalisation of the relevant agreements, including the construction of a new carbon-free furnace in Taranto.” This was stated in a press release by the Jindal Group, assisted by Chiomenti as legal adviser. The Jindal Group, the press release continues, “hopes to finalise the transaction and is ready to agree on the terms to resolve this extremely complex situation, not least in the interests of the Italian and European steel industry”.
