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Pirelli major shareholder Chemchina restructuring

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Pirelli ChemChina

On 23 January 2020, Pirelli & C. S.p.A. received a notification letter from its largest shareholder, China National Chemical Corporation Ltd. (ChemChina), informing the firm that it is undergoing “strategic restructuring”. The restructuring notice covered both ChemChina and Sinochem Group Co., Ltd.

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Related news:

  1. ChemChina now holds 30% of Pirelli shares
  2. ChemChina’s latest Pirelli shares held indirectly
  3. Pirelli and ChemChina agree closing date, triggering mandatory tender offer
  4. Regulator approves ChemChina/Pirelli offers
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