Flacks Group still interested in ex-ILVA plant despite suspension ruling
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The Flacks Group still wants to buy the former ILVA group steelworks in Taranto even after a Milan court last month ordered activity at the plant be suspended on health grounds, its CEO Michael Flacks said on Thursday. The ruling, upholding a legal petition from residents of the southern city, does not come into force immediately and will only become applicable if it goes unchallenged. The US-based private investment group said in December that it has entered exclusive negotiations with
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