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Borsa, Pirelli returns on October 4th

According to Ansa, quoting sources close to the dossier – ChemChina, as expected, will fall below 50% of the capital and a free float of 30% of Pirelli's capital should arrive on the Stock Exchange.

Borsa, Pirelli returns on October 4th

Pirelli prepares to return to the Stock Exchange e the return to Piazza Affari is expected on 4 October. This was claimed by the Ansa news agency, reporting sources close to the dossier. The main international groups are working on the operation and Intesa Sanpaolo is the lead partner for Italy.

ChemChina, as expected, will fall below 50% of the capital and a free float of 30% of Pirelli's capital should arrive on the Stock Exchange. As a guideline, the roadshow should start in September and the price bracket set for the end of September.

The company founded in Milan in 1872 by Giovanni Battista Pirelli and which has become a symbol of the automotive industry, has already been listed on the Milan Stock Exchange by 1922 to 2016.

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