Ilva, Flacks' Guarantees. The State Has an Exit Strategy
Flacks' proposal for the ex-Ilva plant includes guarantees on job security and penalties for non-compliance, although it lacks references to banks or sureties.
Ilva, Jindal's Offer Emerges. And Mr. Flacks Fine-Tunes the Plan
The long-standing saga of Ilva reopens with India's Jindal expressing interest, while American fund Flacks finalizes its acquisition plan.
Thyssenkrupp Steel Europe: Dubious US Investor Interested in Germany's Largest Steel Company
Thyssenkrupp Steel Europe is in distress, yet interest in acquisition remains strong, with Jindal Steel and now Flacks Group vying for the company.