Sunday, March 22, 2015

ChemChina to buy Italian tire maker Pirelli in $7.7 billion deal

MILAN (Reuters) - China National Chemical Corp (ChemChina) is to buy Pirelli , the world's fifth-largest tire maker, in a 7.1 billion euro ($7.7 billion) deal that will place one of the symbols of Italy's manufacturing industry in Chinese hands.






from Reuters: Most Read Articles http://ift.tt/1OptmB1 http://www.reuters.com

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