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6 days ago

Italy to Meet Pirelli and Its Investors Over Chinese Control Spat

Italian government officials will meet on Monday with representatives from Pirelli and of its two main ‌investors as part of efforts to address a spat over ‌Chinese influence on the tyremaker, two sources said.

Pirelli’s two largest shareholders, Chinese state-owned Sinochem ​with 34%, and Camfin, the investment vehicle of Executive Vice President Marco Tronchetti Provera, with 25.3%, have been at the centre of a protracted row…

Source: Reuters

Tire and Rubber Association of Canada

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