And ‘the day of Pirelli: Today meetings in view of the OPA ChemChina – Il Sole 24 Ore

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This article was published March 22, 2015 at 15:24.

The D-Day of ChemChina on Pirelli started with technical meetings in view of the Board of Directors of Camfin. Today it is expected to close the negotiations for the transfer of control from Camfin, which has 26.19% of Bicocca, the Newco that will have the chemical giant Chinese as the majority shareholder and will launch a takeover bid for totalitarian withdraw from the Milan Stock Pirelli . From what emerges Marco Tronchetti Provera will remain at the helm of the Group until 2021 and the heart of the company will remain in Italy.

And the unions raise their barricades. “Do not allow Italy to become a discount”, “Impressive silence of the government.” These are the first reactions of UIL, CGIL, CISL and acquisition front.

According to the Sole 24 Ore today, the number one Bicocca and Chinese investors have developed a plan under which Italy will remain in the seat, the research and development and management.

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