UPDATE 1-Pirelli hits accelerator on IPO, launches plan to cut debt


(Adds details, context) MILAN, April 28 (Reuters) - Italian tyremaker Pirelli said on Friday it had moved forward its plans to list on a stock exchange to the last quarter of 2017 and its controlling Chinese investor was willing to cut its stake to below 50 percent in the initial public offering (IPO). The company was delisted from the Milan bourse in 2015, where its shares had traded since 1922, following a mandatory offer launched by an investment vehicle ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×