ChemChina to acquire Pirelli  [ China ] [ Italy ]

China National Chemical Corporation (ChemChina) announced on March 23 that the company will acquire the Italian tire manufacturer, Pirelli. The purchase amount is expected to reach EUR 7.1 billion.ChemChina through its wholly owned subsidiary China National Tire & Rubber Co. (CNRC) signed with Camfin S.p.A. and its shareholders the agreement with respect to the purchase at EUR 15 per share ...
<Mar 24, 2015>