News Details
ChemChina to buy Pirelli for $7.7 billion
China National Chemical Corp (ChemChina) is to buy the world's fifth-largest tire maker Pirelli (PECI.MI), in a 7.1 billion-euro ($7.7 billion) deal that will put the 143-year-old Italian company in Chinese hands. ChemChina said it is buying 26.2 per cent stake in Pirelli Tyre S.p.A. from its biggest shareholder, Camfin S.p.A., which is controlled by the family of Pirelli Chairman Marco Tronchetti Provera. The company said it would offer to buy the remaining outstanding shares. If completed the deal would value Pirelli at $8.8 billion, according to financial information provider Dealogic… more to follow
Full Story »
Full Story »
10y ago from ThisIsF1.com
0
You May Also Be Interested In...
2015 F1 rear tyre construction could see 2-second...
Analysis of the data from the Australian Grand Prix has shown that the...
10y ago from ThisIsF1.com
Prominent flip crashes in Formula 1
Formula 1 is a sport well known for its thrilling achievements, spills...
10y ago from ThisIsF1.com
Red Bull’s F1 exit threat: Whose fault is it?
You don’t often see highly rated Formula One teams menacing to quit the...
10y ago from ThisIsF1.com
German GP ‘dead’ F1 2015 calendar down to 19 races
Germany's other F1 circuit has joined Hockenheim in pulling out of the...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
How Raul Fernandez is chasing his next MotoGP contract
No description available...
15h ago from Motorsport.com
No new Yamaha MotoGP engine until after French GP,...
No description available...
1d ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
2d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Complete IndyCar championship standings after Phoenix
No description available...
6h ago from Motorsport.com
Alex Palou's 100th IndyCar start ends in early crash...
No description available...
9h ago from Motorsport.com
Josef Newgarden earns thrilling IndyCar win at Phoenix
No description available...
7h ago from Motorsport.com
Will Power “ran me into the wall” says Rasmussen...
No description available...
6h ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
2d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
4d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bargain asking price: Liverpool & Arsenal...
Clubs like Liverpool and Arsenal could reportedly be in luck as Real...
10h ago from CaughtOffside.com
Supercomputer predicts unthinkable Tottenham...
The Premier League table has been given a radical shake-up as a...
14h ago from CaughtOffside.com
Ashley Cole makes honest admission when asked if...
Chelsea legend Ashley Cole believes Arsenal can win the quadruple this...
14h ago from SportsKeeda.com
Arsenal looking to reinforce squad with 100m...
Arsenal have stepped up their pursuit of Newcastle United midfielder...
15h ago from SportsKeeda.com
Comments
Hottest News
F1: Australian Grand Prix: Result
Result of the Qatar Airways Australian Grand Prix. Read More »
35m ago from Pitpass.com
Oscar Piastri issues apology after crashing out of F1...
Oscar Piastri has apologised to his fans after... Read More »
35m ago from MotorsportWeek.com
F1 2026 Australian Grand Prix – Race Results
George Russell took victory at the Formula 1... Read More »
1h ago from MotorsportWeek.com
