Ex-Ilva, between Flacks and Marcegaglia tests of alliance
Marcegaglia and the Flacks group are strengthening ties to ensure a productive future for the former Ilva plant in Taranto.
Ilva, tightening on the relaunch plan. Flacks chooses Danieli and Metinvest
Michael Flacks, the head of the US group, has selected Danieli and Metinvest as partners for the revival and decarbonization of the former Ilva steelworks in Taranto.
Mr. Flacks' Super Plan: "Ilva-British Steel Wedding"
Michael Flacks is planning to create a major Italian-British steel group by acquiring British Steel alongside his ongoing efforts to rescue the former Ilva steel mill.
UK investor Michael Flacks ‘very interested in British Steel takeover’
Michael Flacks, a British investor, is keen on acquiring British Steel to merge it with a plant in Italy, aiming to create a major metals group in Europe.
A mini-seizure has been chosen in Taranto, exclusive sale to Flacks coming soon
The Prosecutor's Office opts for a mini-seizure at the former Ilva in Taranto, paving the way for the exclusive negotiating process with the US group Flacks.
There is a question mark in the Ilva-Flacks
The sale of Ilva is still uncertain, with the Flacks fund winning the auction but aiming for a mixed public-private system involving significant state participation.
Ex Ilva, Flacks wins but the prosecutor does not give up
Flacks Group is negotiating exclusively for the former Ilva steel plant but faces a significant obstacle with judges denying the release of blast furnace 1.
The former Ilva to the Flacks group, investments up to 5 billion. The government remains a 40% partner
The Flacks Group has received approval from oversight committees for its offer to acquire Ilva Steel, moving towards exclusive negotiations with Italian government commissioners.