ArcelorMittal 'hopeful' will complete soon Ilva deal: statement

Steel giant ArcelorMittal said on Wednesday it remained "hopeful" that it could soon complete its planned takeover of steelmaker Ilva, despite the new Italian government`s concerns over the deal.

"We remain hopeful that we will be able to complete the transaction soon," the Luxembourg-based company said in a statement issued shortly after meeting Italy`s deputy prime minister Luigi Di Maio in Rome.

ArcelorMittal said it had participated "in good faith" in the tender for the purchase of Ilva, which owns Europe`s largest steel plant. Di Maio on Tuesday began procedures that could lead to the annulment of the tender on legal grounds.

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