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Lawyers See Basis for Possible ArcelorMittal Ilva Deal
Release time：Nov 29, 2019 From：admin
After a Milan court adjourned a hearing in a legal challenge against ArcelorMittal's move to rescind the contract to take over the former ILVA group and its troubled Taranto plant, Ilva commissioners lawyer Enrico Castellani and ArcelorMittal lawyer Ferdinando Emanuele said that "There is the basis for negotiations that can lead to an agreement
Prime Minister Giuseppe Conte met ArcelorMittal managers on Friday and said they had agreed to delay the Milan hearing on condition that ompany kept Ilva operational during the talks. Last week ArcelorMittal suspended the procedure to turn off the altoforno 2 furnace at the Taranto plant, pending a ruling in Milan about whether the French-Indian multinational's withdrawal plan is legal.
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