Greensill silence on Trasteel bid risks Magona bankruptcy
Trasteel has confirmed to authorities its interest in coil service centre Magona and submitted an offer to lease and subsequently acquire control of the company, sources close to the dossier tell Kallanish. The move could give a strong boost to efforts to restart the Piombino facility. “Of great con
Trasteel has confirmed to authorities its interest in coil service centre Magona and submitted an offer to lease and subsequently acquire control of the company, sources close to the dossier tell Kallanish. The move could give a strong boost to efforts to restart the Piombino facility. “Of great concern, however, is the communication from Magona’s lawyers … The post Greensill silence on Trasteel bid risks Magona bankruptcy first appeared on EUROMETAL.
Originally published at Eurometal - European Metals Trade