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Sinochem considering sale of Pirelli stake
['Author', 'Chris Anthony']
Tyrepress
Following the news that Italian authorities have dismissed the so-called Golden Power investigation into Pirelli’s shareholders, it has emerged that Chinese group Sinochem is considering selling its stake in Pirelli, as part of a wider governance dispute involving the Italian tyremaker, according to Reuters.
The news is said to come from sources close to situation, who speak of a series of options under consideration, including the sale of the stake held by Sinochem.
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