CHEMCHINA AND PIRELLI: WHO WANTS TO BE NEXT?

China National Chemical Corp, also known as ChemChina, agreed to buy Pirelli (PECI.MI), the world's fifth-largest tyre maker, in a € 7.1 billion ($7.7 billion) deal. This operation will put the 143-year-old Italian company in Chinese hands, and take it private again after 93 years of public listing. The offer is expected to be launched … Continue reading CHEMCHINA AND PIRELLI: WHO WANTS TO BE NEXT?