China's Sinochem cuts stake in Italy's Pirelli to 20%
30/07/2026 17:15
China's Sinochem cuts stake in Italy's Pirelli to 20% MILAN, July 30 (Reuters) - Marco Polo International Italy, a wholly-owned unit of China's Sinochem, said on Thursday it had sold a 14% stake in Italian tyremaker Pirelli PIRC.MI cutting its stake to 20.1% from 34.1%.
(Reporting by Giulio Piovaccari
Editing by Keith Weir)((Giulia.Segreti@tr.com; +39.06.80307714;))
Recent news on Pirelli & C.
See all newsPirelli, Balkrishna strike India tyre production deal
Brief: Pirelli, BKT Sign Deal For Production In India Of 800,000 Pirelli-Branded Premium Car Tires By 2030
Brief: Golden Power Decree Protects Pirelli-ABET HTS Activities In Dedence Sector
Brief: MTP & C. Group Rises To 29.9% Stake In Pirelli
Italy - Factors to watch on September 23