Italy’s Brembo wary of getting dragged into Pirelli’s China dispute

[ad_1] MILAN, June 21 (Reuters) – Pirelli (PIRC.MI) investor Brembo (BRBI.MI) is worried about strains between the tyremaker’s Italian and Chinese shareholders and is likely to steer clear of any…

Italy rules Pirelli’s Chinese top investor Sinochem cannot choose CEO

[ad_1] ROME: Italy’s government has ruled that China’s Sinochem cannot designate the chief executive of Pirelli despite being its main shareholder with a 37% stake, the Italian tyremaker said on…

Italy strips China’s Sinochem of its influence as Pirelli’s largest investor

[ad_1] Italy has stripped China’s Sinochem of its influence as the largest shareholder in Pirelli, removing its right to appoint the CEO or set the tyremaker’s strategy in response to…