Pirelli’s Tronchetti Sees End to Chinese Shareholder Tussle

Pirelli & C. SpA is optimistic about resolving its governance disputes with Sinochem Holdings Corp., its largest shareholder. Executive Vice Chairman Marco Tronchetti Provera indicated that these issues, which have previously threatened Pirelli's prospects in the U.S. market, are expected to be settled. This resolution is crucial for Pirelli as it seeks to strengthen its position and enhance investor confidence, particularly in a competitive market landscape. The anticipated end of this shareholder tussle could lead to improved operational stability and growth opportunities for the tire maker.