Not even Federico Ghizzoni was able to bring ex-partners Tronchetti and Malacalza to an agreement, today at very close loggerheads on the Camfin-Pirelli case. “I have an excellent relationship with Marco Tronchetti Provera, Pirelli & C. is a respectable customer. I have excellent relations with Malacalza" but "mediation didn't work, I have no details to report", said the CEO of Unicredit Ghizzoni during the press conference to present the accounts after having attempted mediation in Camfin between the president of Pirelli, Tronchetti Provera, and the Genoese Malacalza family.
Unicredit, together with Intesa, has tried to explore the possibility of an agreement to resolve the impass in which the subsidiary Pirelli has ended up. The concrete risk is that, in the absence of an agreement, the stalemate could persist and the times for the redefinition of the Pirelli structures could be protracted beyond measure, despite the expiry of the shareholders' agreement, set for 20 July, getting ever closer . What Bicocca needs, therefore, is a line shared by the parties to avoid the possibility of having to wait for the sentence of the arbitration court or even the completion of the valuation procedure, a process that could last between 12 and 14 months.
