Italy’s Pirelli pushes Chinese owner to cut stake amid fears of Trump freeze-out
State-owned ChemChina, which later merged with Sinochem, first bought a majority stake in Pirelli in a $7.7bn deal in 2015. Under the initial deal, the Chinese investor agreed it would not interfere ...
Bloomberg L.P.6d
Pirelli Board Set to Push Chinese Owner Sinochem to Cut Stake
Pirelli & C. SpA may push main investor Sinochem to cut its stake in the Italian tiremaker as its board of directors looks to distance the company from China. The Pirelli board will meet Wednesday ...
Reuters5d
Sinochem Corporation
Chinese and Italian shareholders in Pirelli are at odds over the group's governance, two sources said, with the Chinese investor potentially a hurdle for the Italian tyremaker's plans to do more ...
Reuters12d
Sinochem selling bankrupt plant to independent Shandong refiner, sources say
Hongrun Petrochemical (Weifang) Co., Ltd. SINGAPORE, March 19 (Reuters) - Eastern China-based independent refiner Hongrun Petrochemical has agreed to acquire a bankrupt oil refinery operated by ...