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17 Dec
10:10

Altifort may acquire Ascoval this week

The Strasbourg tribunal will issue on Wednesday its judgement on the sale of the troubled Ascoval Saint-Saulve steel mill in northern France to French group Altifort, Kallanish learns from union sources. As reported in October, the French government asked Altifort to submit a new offer for the takeover of Saint-Saulve because Vallourec told judicial administrators it would not accept the existing Altifort offer. In the negotiations for the buy-out of Saint-…
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