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15 Dec
11:04

Italian government postpones due diligence for JSW Piombino

The Italian government’s proposed investment into JSW Steel’s Piombino steelmaking facility has been postponed by two months, much to the frustration of trade unions. The government plans to become an investor in JSW Italy through its financial arm, Invitalia. Invitalia and JSW signed a binding agreement in recent months before due diligence started, but the due diligence has been pushed back from December into 2022, authorities announced at a meeting …
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