Ast, sale procedure at the start. Thyssen’s mandate to JPM. Who is interested

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Started phase one of the Terni special steel sales procedure Part of German steel group ThyssenKrupp. The administrator of the Ast Massimiliano Burelli confirmed to the unions of metal workers Fim, Fiom, Uilm, Fismic, Ugl and Usb as anticipated yesterday by Affaritaliani.it and that is that it was a phase of partial exchange of documents opened by the company that controls the AS (30-60 days) between those who are potentially interested in the purchase, access phase to a limited part of information at the end of which non-binding offers will be sent. So, there will be the examination of offers and the invitation to send binding offers.

The sales procedure, which could worth from 700 million to one billion and on which the golden power of the Government given the strategic nature of the Italian steel sector, is managed by the American investment bank JP Morgan and foresees closing and refinement before the end of the year. The Mantuan steel group Marcegaglia, who has set his sights on dossier for a long time, already meeting the local authorities as the company it employs about 2,400 workers in the Terni area, ha confirmed his interest again no later than three days ago, through the mouth of the president Antonio Marcegaglia.

Other subjects who have shown interest in recent months are: Acerinox (Spain); Aperam Steel (Luxembourg, but it’s all over the world), Posco Steel (South Korea), Baosteel (China), United States Steel (Use) e Outokumpu (Finland).

The trade unions, which over the years have had to manage the continuous use of the Cig by the German subsidiary, have taken note of the declarations of the Ceo and reiterated the “claims that they have always carried out, to guarantee the employment and wage levels of direct and related workers“.” Today, more than ever, local institutions need – asked Fim, Fiom, Uilm, Fismic, Ugl and Usb – the regional and national government and all politics, play their role in order to safeguard strategic production for Terni and for the country “.

@andreadeugeni

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