ArcelorMittal offers to sell plants across Europe in swoop for Italian Ilva


ArcelorMittal, the world's largest steelmaker, has offered to sell plants across Europe in an effort to address EU antitrust concerns over its 1.8 billion euro ($2.2 billion) bid for Italian peer Ilva.

The offer of concessions was submitted on Thursday. No details were provided, in line with the European Commission's policy. While declining to provide further details, ArcelorMittal said it hoped the concessions would allay the EU competition enforcer's worries. "We understand this remedy package will now be.....

This article is no longer available in our repository.

There could be multiple reasons for this.