Pirelli Holder Sinochem Mulls Bond to Cut Direct Stake: Corriere

Pirelli & C. SpA’s Chinese investor is weighing the sale of a convertible bond that would temporarily reduce its holding to ease US government scrutiny of the Italian tiremaker, Corriere...

By Vernon Silver, Daniele Lepido · Bloomberg Markets

Pirelli & C. SpA’s Chinese investor is weighing the sale of a convertible bond that would temporarily reduce its holding to ease US government scrutiny of the Italian tiremaker, Corriere della Sera reported, citing unnamed sources.