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ChemChina to buy Pirelli for $7.7 billion

Discussion in 'Car News' started by garagegeeks, Mar 24, 2015.

  1. garagegeeks

    garagegeeks The All Mighty Geek!

    Filed under: Motorsports, China, Europe

    [​IMG]China National Tire & Rubber Company, a division of China National Chemical Corporation, is working to buy Italian tire maker Pirelli for $7.7 billion. Shareholders have accepted the offer, but it remains to be seen if the tender offer price of 15 euros per share will be enough.Continue reading ChemChina to buy Pirelli for $7.7 billion

    ChemChina to buy Pirelli for $7.7 billion originally appeared on Autoblog on Mon, 23 Mar 2015 18:32:00 EST. Please see our terms for use of feeds.



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    garagegeeks, Mar 24, 2015
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