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Announced

15 Feb 2025

Baku Steel, AIC and Jindal Steel to acquire Ilva from Acciaierie d'Italia.

Synopsis

Baku Steel, an Azerbaijani steel production enterprise, AIC, a company investing into non-oil sector of Azerbaijan Republic, and Jindal Steel, sponge iron, mild steel, and cement manufacturer, agreed to acquire Ilva from Acciaierie d'Italia. Financial terms were not disclosed.

Principals

target

Ilva

bidder

Baku Steel Company

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Market Context

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Bidder Team (11)

antonio donato

‎Partner at Chiomenti

Lawyer

bidder

Deal

n/a

Total Value

kamal ibrahimov

General Director at BAKU STEEL COMPANY

Manager

bidder

Deal

n/a

Total Value

filippo modulo

Partner at Chiomenti

Lawyer

bidder

Deals

£ 123.03 B

Total Value

antonio sascaro

Partner at Chiomenti

Lawyer

bidder

Deals

£ 1.56 B

Total Value

gregorio consoli

Partner at Chiomenti

Lawyer

bidder

Deals

£ 277 M

Total Value

antonio tavella

Partner at Chiomenti

Lawyer

bidder

Deals

£ 1.06 B

Total Value

federico vanetti

Partner at Chiomenti

Lawyer

bidder

Deals

£ 5.77 B

Total Value

sara biglieri

Partner at Chiomenti

Lawyer

bidder

Deals

£ 13.59 B

Total Value

francesco d'alessandro

Partner at Chiomenti

Lawyer

bidder

Deals

£ 1.32 B

Total Value

giulio napolitano

Partner at Chiomenti

Lawyer

bidder

Deals

£ 37.77 B

Total Value

guido bellitti

Partner at Chiomenti

Lawyer

bidder

Deals

£ 76 M

Total Value

Vendor Team (1)

vittoria tomasi

Media Relations Consultant at Comin & Partners

PR Consultant

vendor

Deal

n/a

Total Value

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