Pirelli will be sold to state-owned China National Chemical Corp (ChemChina) after shareholders for the Italian tire manufacturer agreed to the deal, estimated to be worth 7.3 billion euros (approximately $8 billion). Pirelli is the fifth largest tire manufacturer in the world and is known for its performance rubber, namely the P Zero range, while…
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Pirelli Sold To State-Owned ChemChina, Pininfarina May Go To Mahindra