Jindal family close to buying Italy's Lucchini – Italy PM

A company run by India’s billionaire Jindal family is close to finalising a deal to buy insolvent Italian steelmaker Lucchini, Italy’s prime minister Matteo Renzi said on Sunday. Lucchini, formerly owned by Russia’s Severstal, was declared insolvent in 2012 and placed under special administration after falling victim to plunging European demand for steel during the 2008 recession. „Jindal should …
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