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Pirelli & C SpA

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  • Thursday, 22 June, 2023
    FT News Briefing podcast9 min listen
    Modi tries to deepen US tech ties

    FTC alleges Amazon ‘tricked and trapped’ customers with Prime subscriptions

  • Tuesday, 20 June, 2023
    Change to Pirelli succession plan after Rome loosens Sinochem’s grip

    Departure of Tronchetti Provera’s chosen replacement follows Chinese company’s loss of nomination rights

    Pirelli tyres
  • Sunday, 18 June, 2023
    Italy strips China’s Sinochem of its influence as Pirelli’s largest investor

    Rome removes right to appoint chief executive or set strategy because of worries about Chinese state interference

    Pirelli tyres
  • Friday, 16 June, 2023
    Italy set to limit shareholder rights of Chinese owner in Pirelli

    Data-collecting tech in tyres deemed of national security importance as governance dispute with Sinochem hots up

    Chinese chemical group Sinochem bought  majority stake in Pirelli in 2015
  • Friday, 9 June, 2023
    The Pirelli boss taking on China’s Communist party

    Marco Tronchetti Provera has warned Rome that the Italian company is under threat from Beijing’s tightening grip

    Marco Tronchetti Provera
  • Tuesday, 6 June, 2023
    News in-depth
    ‘Pirelli is in peril’: Pressure rises over Chinese grip on Italian tyremaker

    Rome assesses whether to limit state-owned ChemChina’s voting rights or force it to sell down 37% stake

  • Wednesday, 5 April, 2023
    Lex
    Pirelli/Sinochem: pressure tactics could blow up on Meloni Premium content

    Italy’s prime minister should beware of opening a can of worms

    Georgia Meloni
  • Wednesday, 19 February, 2020
    Pirelli targets growth in prestige tyres

    Italian manufacturer expects demand in premium market to increase 6% a year

    ChemChina buys quarter of Pirelli, agrees plan for controlling stake ...epa04675978 (FILE) A file picture dated 19 September 2013 of a Red Bull Racing mechanic working on Pirelli tires on the paddock of the Singapore Formula One Grand Prix night race in Singapore. Italy's well-known Pirelli tyre maker on 23 MArch 2015 saw a quarter of its shares sold to China's state-owned National Chemical Corp (ChemChina), in a deal which provides for the Chinese company to secure a controlling stake later. ChemChina subsidiary China National Tire & Rubber (CNRC) will take over the 26.2 per cent of Pirelli owned by Camfin, a holding company and current leading shareholder, for 15 euros (16.29 dollars) per share, ChemChina said.  EPA/JOHN HENG
  • Saturday, 30 November, 2019
    Formula One Holdings Ltd
    Pirelli grapples with Formula One’s gripping motorsport tyre debate

    Disputes reflect the sport’s conflicting views on maximising on-track spectacle

    A Pirelli mechanic prepare tires during the first practice session of the Austrian Formula One Grand Prix at the Red Bull circuit in Spielberg, Austria on June 28, 2019. (Photo by ANDREJ ISAKOVIC / AFP) (Photo credit should read ANDREJ ISAKOVIC/AFP via Getty Images)
  • Sunday, 10 February, 2019
    InterviewHow to Lead
    Pirelli’s Tronchetti Provera: a contrarian view on dealmaking

    Tyremaker’s top boss is willing to ‘go it alone’ in his business transactions

    Milan, CEO Marco Tronchetti Provera in Pirelli's Headqaurter
  • Tuesday, 5 December, 2017
    Inside BusinessTom Mitchell
    ChemChina thrives at home on strategy of ‘going out’

    Use of overseas acquisitions to boost domestic competitiveness makes SOE unusual

    The company logo of China National Chemical Corp, or ChemChina, is seen at its headquarters in Beijing, China February 3, 2017.  REUTERS/Thomas Peter - RTX2ZGQ2
  • Wednesday, 4 October, 2017
    European companies
    Pirelli shares fall on debut

    Tyremaker’s managers lose out on special bonus after relisting misses price target

    A Pirelli tyre is seen before a ceremony at the Milan Stock Exchange, in Milan, Italy, October 4, 2017. REUTERS/Massimo Pinca
  • Wednesday, 4 October, 2017
    Sport
    Pirelli shares slip as tyremaker returns to Milan stock market
  • Tuesday, 3 October, 2017
    News in-depthEuropean companies
    China reads the runes of Pirelli share sale

    Listing seen as test of ChemChina ability to navigate international financing channels

  • Monday, 2 October, 2017
    LexEuropean companies
    Pirelli/Continental: pin-up profits Premium content

    Italian tyremaker’s float has interesting implications for its German rival

    FILE PHOTO: Pirelli tyres are pictured at a tyre specialist center in Turin, March 18, 2014. REUTERS/Giorgio Perottino/File Photo GLOBAL BUSINESS WEEK AHEAD - SEARCH GLOBAL BUSINESS 2 OCT FOR ALL IMAGES
  • Friday, 29 September, 2017
    Sport
    Pirelli prices IPO at low end of range, for total value of €6.5bn

    Italian tyremaker expects to raise as much as €2.6bn from float

    Preparations Ahead Of The Geneva Motor Show 2014...A worker cleans the wall of a Pirelli Formula One automobile tire, produced by Pirelli & C.SpA, on the company's stand ahead of the opening day of the 84th Geneva International Motor Show in Geneva, Switzerland, on Monday, March 3, 2014. The International Geneva Motor Show will run from Mar. 4, and showcase the latest models from the world's top automakers. Photographer: Chris Ratcliffe/Bloomberg
  • Friday, 29 September, 2017
    European companies
    Italian tyre maker Pirelli prices IPO at €6.50 a share
  • Friday, 15 September, 2017
    Sport
    Pirelli aims for €8bn valuation in stock market return

    ChemChina will sell down shareholding under 50 per cent in a test of investor appetite for European IPOs

    The full range of Formula One tyres of Italian official F1 tyres supplier Pirelli are lined up in preparation for the German F1 Grand Prix at the Nuerburgring racing circuit...The full range of Formula One tyres of Italian official F1 tyres supplier Pirelli are lined up July 4, 2013, in preparation for this weekend's German F1 Grand Prix at the Nuerburgring racing circuit. REUTERS/Wolfgang Rattay (GERMANY - Tags: SPORT MOTORSPORT)
  • Wednesday, 6 September, 2017
    Inside BusinessRachel Sanderson
    Milan back in vogue as Italy’s financial capital

    Brexit creates an opportunity to recruit international financiers

    View of Milan from the rooftoop of  “Duomo di Milano”. Statues of  Duomo of Milan, Galleria Vittorio Emanuele II and skycrapert of Porta Nouva als visible.
									Milan Skyline
									ID 22765093 © Roland Nagy | Dreamstime.com
									View of Milan from the rooftoop of “Duomo di Milano”. Statues of Duomo of Milan, Galleria Vittorio Emanuele II and skycrapert of Porta Nouva als visible.
  • Wednesday, 19 July, 2017
    Inside BusinessRachel Sanderson
    Pirelli tyres will race to market with new hands at the wheel

    Chinese owners to relist ‘Prada of tyres’ 2 years after buying group for €7.3bn

    Preparations Ahead Of The Geneva Motor Show 2014...A worker cleans the wall of a Pirelli Formula One automobile tire, produced by Pirelli & C.SpA, on the company's stand ahead of the opening day of the 84th Geneva International Motor Show in Geneva, Switzerland, on Monday, March 3, 2014. The International Geneva Motor Show will run from Mar. 4, and showcase the latest models from the world's top automakers. Photographer: Chris Ratcliffe/Bloomberg
  • Sunday, 26 June, 2016
    European companies
    Overseas groups weigh costs and challenges of Brexit vote

    Many companies put investment and hiring plans on hold while others scent opportunity

    A customer browses BMW automobiles, produced by Bayerische Motoren Werke AG, as they sit for sale at the Big Motoring World dealership in Addington, London, U.K., on Friday, Sept. 25, 2015. BMW AG jumped in U.S. trading after German magazine Auto Bild said it has no indication the carmaker manipulated emissions tests, clarifying its earlier report on the X3 sport utility vehicle. Photographer: Simon Dawson/Bloomberg
  • Sunday, 15 May, 2016
    News in-depthThe Big Read
    Brazil: Tales of everyday agony

    The decline from emerging market star to struggling nation is taking its toll on Rio’s citizens

    Wanderson da Silva Araújo, 38, who rents out chairs on the beach, poses on the Copacabana beach in Rio de Janeiro in this April 12, 2016.
  • Wednesday, 23 March, 2016
    News in-depthFT Data
    Record high merger and acquisition deals in Italy
  • Thursday, 11 February, 2016
    News in-depthCommodities
    M&A: China’s world of debt

    State-owned companies are buying big but the stability of these billion-dollar deals is in question

  • Monday, 8 February, 2016
    Law
    High Court refuses immunity claim by Saudi billionaire

    Estranged wife of Sheikh Walid Juffali wins right to fight for share of £4bn fortune

    File photo dated 19/01/16 of Christina Estrada, the ex-wife of Saudi billionaire Sheikh Walid Juffali, who has won a High Court battle for the right to make a financial claim against him in the UK courts. PRESS ASSOCIATION Photo. Issue date: Monday February 8, 2016. Ms Estrada, a former Pirelli calendar girl, is seeking a multimillion-pound share of Sheikh Walid Juffali's estimated £4 billion fortune after 13 years of marriage and the birth of a daughter, now aged 13. See PA story COURTS Saudi. Photo credit should read: Yui Mok/PA Wire
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