ROME (Reuters) -Italy has received 10 bids for the former Ilva steel plant, but only two of the bidders are interested in purchasing all of the company’s assets, national steelmaker Acciaierie d’Italia said in a statement on Saturday.

In a blow to the government, the two groups that were initially frontrunners for the tender, Azerbaijan’s Baku Steel Company working with Azerbaijan Investment Company and India’s Jindal Steel International, have withdrawn.

The two bidders still interested in taking all of Ilva are Bedrock Industries, a privately held U.S. investment company, and a consortium involving the U.S. private equity firm Flacks Group and Slovak steel trader Steel Business Europe.

Eight additional offers, including from Renexia (Toto Group), Industrie Metalli Cardinale and Marcega

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