The Chinese fund Silk Road begins its exit from Pirelli by selling at a discount the 9% stake it holds in the capital of the company led by Tronchetti Provera which strengthens by rising to 22,7%
The Ftse Mib exceeds the psychological threshold of 30 thousand points - Pirelli was the queen of the day after the promotion of Ubs to "Buy"
Camfin, the financial company of Tronchetti Provera which holds 14.1%, has already advanced its candidacies for the next Pirelli board of directors - Giorgio Bruno leaves the scene
The Meloni government has decided to apply the Golden Power to the shareholders' agreement between Tronchetti Provera and the Chinese on Pirelli to defend the strategic value of Cyber sensors in tires
According to Bloomberg, the Italian authorities are evaluating various hypotheses to limit the grip of the Chinese Sinochem on the Pirelli subsidiary without excluding the use of the Golden share: the Tronchetti-Bombasse axis assumes new importance
The consultation and voting pact between Camfin and Brembo lays the foundations for an Italian pole in Pirelli that can counterbalance the Chinese presence and open new horizons for the future
Nine months of strong growth for Pirelli - Double-digit growth in revenues, adjusted bits and net profit, improves the net financial position. The company raises its outlook to 2022. New top management appointments
Changing of the guard at the Presidency of Pirelli: following the resignation of Ning Goaning, Li Fanrong will be proposed in the same role
Net profit, adjusted ebit and revenues in the first half of 2022 of Pirelli, whose operating cash flow grows by 108 million on year - Investments in Russia suspended
The new Pirelli shareholders' agreement has been signed: Tronchetti Provera will be confirmed as executive vice president, but will hand over the position of managing director to Giorgio Luca Bruno
Turnover and profitability exceeded expectations - The market fears exposure to Russia, but Tronchetti reassures: "It accounts for around 3% of group revenues"
After the resignation of the banker Miccicchè, the reluctance of the publisher Cairo to make prudential provisions for the Blackstone case pushes Della Valle, Tronchetti Provera and Cimbri to desert the RCS board of directors - In the first half of 2021 the publishing house is...
All Pirelli's financial indicators are clearly on the rise in the first quarter of 2021 - Cash flow also improves - Confirmed the 2021 targets released at the launch of the new business plan
Due to the economic deterioration caused by the Coronavirus, Pirelli reformulates the targets, reduces the remuneration of CEOs and top managers and cancels the 2019 dividend
The entry of the Bombassei-based company into Pirelli "is not speculative" and could open up new scenarios, but Tronchetti Provera holds back: "Our path remains unchanged and Brembo's entry confirms the goodness of the work done" - Meanwhile Camfin joins forces with the…
Sparks at the top of RCS: three significant shareholders such as Tronchetti Provera, Della Valle and Banca Intesa express their disagreement with Cairo over the clash with the Blackstone fund over the sale of the headquarters in via Solferino
The car crisis is also weighing on tyres, but Pirelli is tackling it by pushing the High Value segment, which now represents 67% of revenues, up 6,2% - However, estimates have been reduced
The group of Chinese shareholders, led by ChemChina, and Camfin hold respectively 45,5% and 10% of the capital - Tronchetti Provera's central role confirmed
The group led by Marco Tronchetti Provera reorganizes the production structure in the South American country, accelerating the focus on High Value products
According to the administrative judge, there was no collusion between the bidder and the seller Malacalza: therefore it was unjustified to impose the increase from 0,80 to 0,83 euro per share.
It is the highest decoration granted to foreigners working in the Latin American country - The Pirelli group has been present in Mexico since 2011 with a factory where it employs over 2.300 people.
The stock returns to the stock exchange after the delisting following the takeover bid launched on the occasion of the entry of Chem China - From a group engaged on several fronts in rubber and cables to an entirely new concentrate…
Pirelli returns to the Stock Exchange on Wednesday - The demand for shares was more than 2 times the offer - Up to 40% of the capital will be placed
The placement will be carried out through an offer of shares to the public in Italy and an institutional placement - Prospectus filed with Consob - The company is expected to make lock-up commitments - A dividend of up to 40% of the net result…
Big data, Internet of Things, artificial intelligence, virtual reality. In a single expression "Digital Revolution", a process of digitization of information, new technologies and knowledge that has now become part of our daily lives. A revolution that presents…
In the presence of the President of the Republic, Sergio Mattarella, and the President of China, Xi Jingping, the co-presidents of the Italy-China Business Forum, Marco Tronchetti Provera and Tian Guoli, yesterday signed a joint declaration renewing their commitment to development of relationships…
Italy-China Financial Forum: meeting behind closed doors in Milan at the Pirelli Headquarters ahead of Sergio Mattarella's state visit to Beijing.
The reorganization of Pirelli Industrial is proceeding with the new 2016-8 plan with a view to 2020 - In the first half of 2018 the IPO for the return to the Stock Exchange - Dal Pino new CEO - The management of Pirelli Digital at Staccoli -…
Celebrated 10 years of industrial presence with the visit of Romanian Prime Minister Dacian Ciolos to the Slatina site. Tronchetti: "A strategic plant for Pirelli".
On the outcome of the battle between the historical partners of the via Solferino group and Urbano Cairo, Pirelli's number one says he is satisfied in any case - The board of the editorial group is scheduled for Monday 3 October
The data is obtained from the Camfin financial statements closed on August 31st - For Tronchetti Provera and partners, including Rosneft, a capital gain of 739 million
The integration between Pirelli and China will take several years to complete. There are many stages necessary to create the joint venture. Here are the forecasts of the offer document published today.
Capital increase of 3,3 billion euros for Marco Polo Industrial Holding, which will have Marco Tronchetti Provera as CEO and who today becomes the first shareholder of Pirelli and will launch the takeover bid in September - 21,6% of the group…
In the last half-year before the passage of the majority to the Chinese of ChemChina, the group led by Marco Tronchetti Provera confirms the targets and records a 10% increase in profit from continuing operations above all thanks to the high-end Premium tyres…
Vicente Todolí, Artistic Director of the Milanese institution since 2013, has made public the calendar of exhibitions scheduled until 2018 at the HangarBicocca space.
The president and CEO of Pirelli, Marco Tronchetti Provera, explains the ChemChina operation in Parliament: "It was an industrial choice. If we do well, we will guarantee all the jobs. We hope for a return to Piazza Affari within 4 years".
For the number one of Pirelli, a possible counter-takeover bid by Bridgestone would create "too many overlaps" and "would be a disaster" - Tim CooK (Apple) will leave his assets to charity - Hedge fund challenges Bollorè in Vivendi - Big coup by Banca…
"In recent days I warned the prime minister that the partnership with ChemChina could materialize in the following days - said the manager - and the reaction was positive".
This was assured by Marco Tronchetti Provera, who will remain president and CEO of Pirelli, in a message addressed to the employees of the tire group in the aftermath of the agreement for the entry of new Asian investors.
The Chinese stock market likes Pirelli (+2%) but brokers are betting on a counter-takeover bid that could reach 18 euros per share and interest Michelin, Continental and Bridgestone - The 6 fundamental points of the operation - But what is the balance…
Pirelli tires become Chinese - ChemChina announces the purchase of 26,2% of Pirelli from Camfin for 1,85 billion and confirms that it will launch the takeover bid on Pirelli together with the shareholders at 15 euros - The chairman of the new Pirelli will be Chinese, the …
By the hour the official announcement of the entry of the Chinese into Pirelli but in the agreements there is a rule that establishes that the headquarters, management and research of the group will remain in Italy and that 90% of the capital will be needed to change it -…
The CEO of Pirelli, Marco Tronchetti Provera, received the premier Matteo Renzi during his visit to the Research and development area of the Pirelli headquarters in Milan, which represents the main innovation laboratory for the group's products and processes and which employs 400…
For the first time Sechin talks about the future of the investment in Pirelli looking beyond the horizon of the pact between Rosneft and the Italian shareholders.
Towards the completion of the complex architecture of the new control of Pirelli - Marco Trochetti Provra has acquired the minority shares of the Rovati family (protagonist of the sale of Rottapharm) and of Sigieri Diaz Pallavicini's Gwm.
Thus ended the reorganization of Camfin, the safe that has 26,19% of the Bicocca group. The Russians now own 50%, while the other half belongs to a newco owned by Nuove Partecipazioni di Tronchetti with…
The simplification process of the Tronchetti family companies begins Provera - The merger between Mtp spa and Mtp partecipazioni and the integration of the 356 Gtc with one of the historic safes of the Milanese entrepreneur, the Gpi, is planned.
Chairman Tronchetti Provera explained that “savings shares account for around 2% of the capital. We have done simulations several times on this issue. It remains under consideration and I hope a solution can be found”.
Final agreement between Marco Tronchetti Provera's New Participations and partners (Unicredit and Intesa) with the Russians of the giant Rosneft, who will invest 552,7 million to take over 50% of Camfin which owns 26,19% of Pirelli -…
At the request of prosecutors Alfredo Robledo and Antonio D'Alessio, in fact, on 4 March the investigating judge Giuseppe Gennari dismissed Tronchetti Provera because, on facts that "date back quite a few years ago" (2004-2006), and in the impossibility of obtaining letters rogatory in Brazil, "the…
One of the main points of understanding between Pirelli and Rosneft is that the Russian shareholder has demanded in the shareholders' agreements that Marco Tronchetti Provera remain at the helm of the group - Another music compared to the times of the disputed partnership with the…
The decline in Pirelli shares continues, even today at the end of the Ftse Mib - The new agreement with Rosneft has brought down the speculative appeal on the title - Meanwhile, the Lazio TAR has announced that it has rejected…
The helm of Bicocca will remain in the hands of Marco Tronchetti Provera for another five years, despite the fact that the former Telecom president now has a smaller slice of Pirelli capital than that of the new Russian shareholders.
Precisely on the day in which the EU evaluates possible sanctions against Russia after the referendum in Crimea, the Russians of Rosneft enter Pirelli through an operation that sees Clessidra exit and the banks' stake in Camfin reduced - The…
Bicocca's number one denied the rumors of an offer from Goldman Sachs: "I haven't received any proposals, nor have I made any proposals to the board of Pirelli. They are pure speculations".
The contacts would have already started before Christmas - The Lauro 61 agreements provide for the sale of Pirelli by 2017 at double the investment made - Yesterday Tronchetti in an interview with the German newspaper Frankfurter AllgemeineZeitung confirmed that he wants…
Marco Tronchetti Provera was confirmed today as deputy chairman of the Board of Mediobanca, following the resolution of the shareholders' meeting at the end of October to reinstate him in the position of director.
Marco Tronchetti Provera introduces himself to analysts in the City of London: "Four years is a long time and I hope to work and work well" - The new industrial plan, which is making the Pirelli stock soar on the Stock Exchange by more than +5%,…
Consob has given the go-ahead for the takeover bid on Camfin by the vehicle uniting Marco Tronchetti Provera, Clessidra, Intesa Sanpaolo and Unicredit - The takeover bid will start on August 12 and end on September 13 - The…
The legal proceedings turn the spotlight on the shares of the two companies, up for the second consecutive day after the conviction of Tronchetti Provera for receiving stolen goods in the Kroll case and the arrest of the entire Ligresti family for false accounting and market manipulation.
The case is linked to a CD believed to be the result of a hacking operation against the international investigation agency Kroll - According to the indictment, the data contained in the CD were taken at the time of the battle for control of Brasil Telecom and Tronchetti …
The vehicle owned by Marco Tronchetti Provera, Intesa Sanpaolo and Clessidra aims to close the file on Consob findings by tomorrow's board of directors, to close the takeover bid on Camfin - The Authority has asked for greater clarity on the determination of prices at…
Mtp Spa specifies that "there are no pacts or agreements between the parties involved in the Camfin reorganization operation that have not been made public and of which Consob has not been informed" – Furthermore, "the issue of the alleged bailout proposed again…
Vincent Todolì, former Director of the Tate Modern in London, is the new artist advisor of the HangarBicocca spaces - Andrea Lissoni curator of HangarBicocca answered the questions of FIRST Arte
The president of Pirelli after the arrival of the Malacalzas in the capital of the company: “They will be like with all the other shareholders. We have other large shareholders among institutional investors who have well over 2%: Americans, Europeans, Chinese, Asians. We have the same…
The newco Lauro Sessantuno, led by Tronchetti, announces that it has reached an agreement to take over 60,99% of Camfin and that it is ready to launch a takeover bid on the holding at 0,80 euros per share - The Malacalzas will sell their shares from the…
Piazza Affari (+0,45%) partially recovers yesterday's losses but the stock exchange day is full of sparks: Bpm shines (+4%) due to Bankitalia's pressure on the spa but also Stm (+4,6% ) for ascending orders - Generali…
Tronchetti Provera and the Malacalza family have closed the divorce agreement on Gpi - The Genoese family leaves the scene with a package just under 7% of Pirelli but without governance rights - Gpi will be dissolved and…
In the middle of the morning, the holding's share scores one of the best increases on the Ftse Mib - The shares of the subsidiary, on the other hand, are at the bottom of the price list - Expectations are growing for the agreement between Tronchetti Provera and…
Mario Greco has signed an agreement with the French of Scor for the definitive sale of the reinsurance business of Leone in America for 920 million dollars: capital gain of 150 million - Today meanwhile Tronchetti-Malacalza divorce in Camfin - Sul…
Market expectations are aimed at a final solution for the Camfin shareholding restructuring - Over the weekend the match between Marco Tronchetti Provera and Vittorio Malacalza seems to have unblocked - The duelists have decided to dissolve the Gpi,…
The decision "follows the rejection of the proposal formulated yesterday by Marco Tronchetti Provera Partecipazioni spa to Malacalza Investimenti srl and given the legal dispute which has now become permanent".
After Black Thursday the European stock exchanges will try to get up again as Wall Street has already done but the Economist strikes a blow at the leaders of the European Union and defines them as "sleepwalkers" - The Bank of Japan instead reveals a strategy vacuum and the…
The note speaks of "further conditions set in the separate communication sent to us via fax today by Marco Tronchetti Provera (curiously not mentioned in his press release)" which lead the Genoese family not to accept Tronchetti's invitation.
The Fed president, while confirming that Quantitative easing will continue, raised the possibility that it will decrease in the coming months and the stock exchanges immediately reacted by selling: America is negative, Japan collapses - Today Europe is announcing a…
The plan should provide for a proportional demerger of Gpi between Tronchetti Provera and the Genoese family, which in exchange would obtain another stake in Camfin - The agreement would therefore trigger the reorganization of the entire corporate chain upstream of Pirelli, which should…
The company that controls Pirelli denies the press rumors circulated today about a possible preliminary agreement between Tronchetti Provera and the Malacalzas - Camfin and Pirelli's shares, however, still run in Piazza Affari.
The project anticipated by press rumors envisages that the Malacalzas will be assigned approximately 25% of Camfin after a proportional demerger of Gpi (which today holds 41,7% of Camfin) – There is talk of a newco worth 200-250 million…
The representative of the Malacalzas said about Pirelli "things that have no basis in reality": this is how Marco Tronchetti Provera, president of Camfin and Pirelli, responded to the remarks expressed in the meeting by the representative of the Malacalza family.
The number one of the Pirelli group, Marco Tronchetti Provera, declared that he still sees himself at the helm of the company for a few more years - "I want to get to the point that this company is able to walk on its own legs"
"As you know - said the number one of Camfin and Pirelli to those who asked him about the rumors about a possible takeover bid launched on Camfin by Clessidra, Intesa and UniCredit to delist the holding company - there is a dispute…
According to "la Repubblica" the negotiation for Prelios' transfer to Massimo Caputi's Feidos would be in the finishing straight - The title flies on rumors but the club preaches caution: "The negotiations are still underway".
The mediation attempt orchestrated by the banks to find a solution to the clash between Tronchetti and the Malacalza and unblock the impasse on Pirelli also fails - I have "excellent relations" with both but "mediation didn't work", reported the…
The two banks enter the field in an attempt to mediate between Marco Tronchetti Provera and the Malacalza family, whose clash within the board of directors has stalled Pirelli - After the release of the results of the 2012 financial statements, the…
On January 23, 2007 Leopoldo Pirelli died, great lord of industrial Milan and Italian capitalism - Also in the end parallelism with Gianni Agnelli, who died the day after 10 years ago - The courageous reform of Confindustria and…
There is talk of an offer from the sovereign fund of Qatar, which would be solicited by the first shareholder Marco Tronchetti Provera - Camfin would also have started negotiating with a Chinese partner for an industrial alliance that could also become financial.
Tronchetti Provera is exploring new terrain and looking for other partners to lock down Pirelli: he is verifying with the Emir of Qatar the sheikh's willingness to launch a takeover bid on Camfin and is negotiating with a Chinese giant in the tire sector to open the doors…
Rottapharm dei Rovati will subscribe 11.850 shares for 35,7 million, arriving at holding 25%, Diaz will subscribe 1.423 shares for 4,3 million in exchange for about 3%.
The heir to the Mariani family speaks out, who in April took over 5% of the Tronchetti Provera family safe for 3,85 million euros: "I consider this investment in a long-term perspective".
The surprise agreement with Rottapharm and the Sigieri Diaz family changes the course of the Tronchetti team which could now find a compromise solution with the Malacalzas - The future of the negotiations with the private equity funds is uncertain…
Lucio and Luca Rovati's Rottapharm Madaus and Vittoria Pallavicini's Sigieri Diaz will obtain respectively 25% and 3% through a reserved capital increase of 40 million euro.
Consob communicates this by updating the previous 41,710% following the transfer of the controlling stake in Gpi (which holds 42,65% of Camfin) from Marco Tronchetti Provera & C SAPA to Marco Tronchetti Provera Partecipazioni.
In the white smoke night of Europe for Greece: aid to Athens to bring the debt back to sustainable levels and in longer times - Asia celebrates - This morning Piazza Affari is positive - The rift between Tronchetti and…
The BoD also "took note of a communication received today from Malacalza Investimenti, with which it communicated the withdrawal from the Camfin shareholder agreement signed on 20 July 2010 between Gpi, Mtp Sapa and Malacalza Investimenti itself".
This was announced by the same company belonging to the family of the Chairman of Pirelli, underlining that it "did its own what was declared on 6 November 2012 by Gruppo Partecipazioni Industriali, which rejected any objection by Malacalza Investimenti.
Beyond a not too painful divorce from the Malacalzas, the mechanism identified by Tronchetti and the Sposito-Bonomi couple (who own the private funds Clessidra and Investindustrial) must trace the medium-long term course of the Bicocca group,…
Crucial weekend in the negotiations between Tronchetti Provera and Investindustrial and Clessidra for the entry of the two private equity funds into the chain that controls Pirelli as a solution to the disagreement with the Genoese Malacalza - The bet is to reach a…
The Telecom Italia group will appear as a civil party in the trial in which the Pirelli chairman is indicted for receiving stolen goods - Direct summons from the Milan deputy prosecutor, no preliminary hearing - Asati also a civil party - The lawyer…
Lazard, Banca Leonardo and the most robust Italian private equity firms are in the running, from Investindustrial to Clessidra - The key could be a Gpi loan convertible into a listed security - Today, the first home-separate comparison with the group…
The Malacalza family disputes "the failure to comply with the shareholders' agreements" and requests "a compendium of Gpi assets" proportional to its share, including a stake of approximately 13% in Camfin (of which it already has 12% in its pocket) - Gpi and…
