Italy Considers Curbs to China's Influence Over Pirelli, Bloomberg Reports
05 April 2023 - 4:17PM
Dow Jones News
--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.
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