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Italian police arrest reputed Mafia boss

Palermo, Italy, Aug 3: A reputed Mafia man considered one of Italy's most dangerous criminals was arrested by police authorities said.

The fugitive, Franco Franzese, 43, was arrested in the Sicilian city of Palermo yesterday, police said. He is believed to be an aide to Salvatore Lo Piccolo, considered with Matteo Messina Denaro to be the new head of the Mafia.

''This is an important demonstration of the efficiency of the police and the state's ability to oppose the evil plant of criminality with force,'' Justice Minister Clemente Mastella said in a statement.

Three people were arrested with Franzese and could face charges of aiding and abetting, police said.

Franzese was on an Interior Ministry list of Italy's most dangerous criminals and has been condemned to life in prison.

Ansa news agency said Franzese was being sought for Mafia association.

Reuters>

Arcelor Mittal sells Italy unit for 117 mn euros

Amsterdam, Dec 13: Arcelor Mittal, the world's largest steelmaker, said on Wednesday it has agreed to sell its Italian carbon steel production unit to Duferco for an enterprise value of 117 million euros (5 million).Travi e Profilati di Pallanzeno (TPP), a rolling mill in northern Italy, is expected to have sales of more than 190 million euros this year, Arcelor Mittal said in a statement. The sale is part of its commitment to the European Commission over the.....
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