Italian government officials will meet on Monday with representatives from Pirelli and of its two main investors as part of ...
MILAN, Feb 25 (Reuters) - Tyremaker Pirelli (PIRC.MI), opens new tab said on Wednesday it expects revenue to be flat to slightly higher this year, and the company proposed a dividend hike, as key ...
The Italian government, Pirelli and its shareholders are searching for ways to end Sinochem’s involvement in the Milan-based tyremaker, which could be banned from the US due to the Chinese chemical ...
Attracting wealthy investors can be a challenge for companies and governments who are facing tough times. But when those investors are from China, showing them the door later can prove even harder.
MILAN, Nov 2 (Reuters) - Italy's Pirelli said on Thursday that JP Morgan had partially exercised a greenshoe option, leaving majority stakeholder Marco Polo with 63 percent of the tyremaker. The maker ...
MILAN/LONDON (Reuters) - Tyremaker Pirelli has given up on what sources say was an initial valuation goal of 9 billion euros (8.00 billion pounds) ahead of its return to Milan's stock market next ...
Jan 6 : ‌Tyremaker Pirelli and Italy's government are exploring new ways to end Chinese state-owned Sinochem's involvement in the Milan‑based company amid U.S. pressure, the Financial Times reported ...
JOHN DUNLOP had a son who complained that his bicycle was bumpy to ride. So he invented the pneumatic tyre in 1888. Various improvements have been made since then. In particular, Pirelli, an Italian ...
The company also forecast an adjusted EBIT margin of around 16%, marking a slight improvement. Tyremaker Pirelli said on Wednesday it expects revenue to be flat to slightly higher this year, and the ...
BENGALURU, Nov 7 (Reuters) - Indian tyremaker Ceat Ltd CEAT.NS reported a bigger-than-expected 81.4% tumble in second-quarter profit on Monday, hurt by higher input costs. Consolidated net profit fell ...
CHENNAI, May 3 (Reuters) - Indian tyremaker MRF Ltd MRF.NS on Wednesday reported its fourth-quarter profit more than doubled, as rubber prices cooled and higher vehicle sales prompted increased demand ...