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  • ArcelorMittal wants to cut 5,000 Italy jobs: Italian PM Nov 07, 2019 01:33 PM IST

    ArcelorMittal wants to cut 5,000 Italy jobs: Italian PM

    The world's biggest steelmaker on Monday retreated from its plan to buy the steel producer, blaming a decision by Rome to not grant it immunity from prosecution over the heavily polluting Taranto plant.

  • ArcelorMittal says it is calling off acquisition of Italy's Ilva Nov 05, 2019 07:59 AM IST

    ArcelorMittal says it is calling off acquisition of Italy's Ilva

    ArcelorMittal's decision sparked outrage across Italy, with trade unions blaming the steel giant and the ruling anti-establishment for pulling the rug out from under the deal which would have safeguarded thousands of jobs

  • ArcelorMittal reaches deal with unions over Italy's Ilva: Sources Sep 06, 2018 02:06 PM IST

    ArcelorMittal reaches deal with unions over Italy's Ilva: Sources

    ArcelorMittal signed a preliminary deal last year to buy Ilva, which has the largest steel-producing capacity in Europe, but the accord was thrown into doubt by Italy's new, anti-establishment government when it took office in June.

  • ArcelorMittal gets European Commission nod to acquire Italy's Ilva May 07, 2018 06:05 PM IST

    ArcelorMittal gets European Commission nod to acquire Italy's Ilva

    The approval is a significant milestone in the transaction to acquire loss-making Ilva and represents a major step towards closing the deal, which is now expected to occur as soon as possible, the company said in a statement.

  • JSW interested in buying Italy's Ilva steel plant: Sources Sep 05, 2014 08:44 AM IST

    JSW interested in buying Italy's Ilva steel plant: Sources

    Ilva, privately-owned by the Riva family, is Europe's largest steel plant by output capacity and is of strategic importance to the southern European steel sector, where it supplies carmakers and other manufacturers

  • ArcelorMittal mulls buying Italian steelmaker Ilva: Sources Feb 11, 2014 08:37 AM IST

    ArcelorMittal mulls buying Italian steelmaker Ilva: Sources

    Ilva, controlled by the Riva family, runs Europe's biggest steel plant in the southern Italian city of Taranto. But the maker of flat steel products used by carmakers, electrical appliance manufacturers and shipbuilders, has been at the centre of a lengthy controversy over pollution.

  • ArcelorMittal considers buying part or all of Italy's Ilva Feb 09, 2014 07:42 PM IST

    ArcelorMittal considers buying part or all of Italy's Ilva

    Buying into Ilva would give ArcelorMittal greater control over the price of steel in southern Europe.

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