--Italian officials are considering options to limit the influence of Pirelli & C. SpA's largest shareholder, China's Sinochem, over the Italian tire maker, Bloomberg reports, citing unnamed sources.

--Options being considered include limiting information shared with Sinochem-appointed board members and their voting rights, but no decision has been taken while Italian officials continue in talks with Pirelli investors, according to Bloomberg.

 

Full story: https://bloom.bg/3Kz4SJW

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

April 05, 2023 02:02 ET (06:02 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Pirelli & C (BIT:PIRC)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Pirelli & C Charts.
Pirelli & C (BIT:PIRC)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Pirelli & C Charts.