Three consortia present binding ILVA bid (2)

Three consortia presented binding bids for troubled steelmaker ILVA by the Thursday noon deadline, sources said. There is a third, as-yet-unnamed competitor vying with the two groups who have already bid: the newco AcciaiItalia, an Arvedi-CDP-Del Vecchio alliance; and the ArcelorMittal-Marcegaglia joint venture. Extraordinary commissioners are managing ILVA as the firm goes through a massive environmental cleanup and financial turnaround.
   

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