Bloomberg: Pirelli Board Considers Urging Sinochem to Reduce Its Stake

Investing.com — Pirelli & C (BIT:PIRC). SpA, the Italian tiremaker, is contemplating encouraging its main investor, Sinochem, to decrease its ownership in the company. This move comes as the board of directors seeks to separate the company from its Chinese connections, according to Bloomberg.

Source: Investing.com