Brussels, 03/05/2001 (Agence Europe) - The European Commission has given its clearance to the acquisition by Usinor SA of a 55% stake in the Italian steel company, Tubisud Italia SpA. The operation will strengthen the presence of the Usinor group on the Italian markets for the production of organically coated steel sheet and the distribution of steel through steel service centres, but will not significantly reduce competition, says the European Executive.
Usinor is one of the European...