Govt to take over former ILVA in next few hrs says Mantovano. AdI's debts rose to over three billion euros amid an inability to pay suppliers and bills and amid a weeks-long blame game between the government and majorityshareholders ArcelorMittal.
The government will take back control of the troubled formerILVA steelworks in the next few hours, Cabinet Secretary Alfredo Mantovono said after talks between the Acciaerie d'Italia suppliers and ministers Monday night.