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19 May
01:00

French government may invest 35m in Ascometal

The French government is prepared to invest €35m in French engineering steels producer Ascometal, which is currently in administration, according to worker representatives in France. In a letter to the commercial court of Nanterre, which is overseeing the sale of Ascometal, France’s Ministry for Economic Regeneration has expressed support to a consortium of French industrialists led by Franck Supplisson, a close source tells Kallanish. Supp…
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