Pirelli set to declare end of Chinese investor's control over governance, paper says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 26 2025
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Should l Buy ?
Source: Reuters
Pirelli's Governance Agreement: Pirelli's board is set to approve an agreement that clarifies China's Sinochem, which holds a 37% stake, will not be considered as having control over the company, addressing governance tensions between Chinese and Italian shareholders.
Impact on U.S. Expansion Plans: The agreement comes as Pirelli has paused its plans for further investment in the U.S. due to ongoing disputes related to Sinochem's influence, with the board meeting postponed amid these tensions.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
