USA proposals in company & shareholder interests – Pirelli replies to Marco Polo
In a statement published yesterday, Pirelli & C. S.p.A. responded to communication from its largest shareholder, Marco Polo International Italy. Pirelli clarified that the proposals submitted to Sinochem to overcome regulatory issues in the USA were “were exclusively and obviously – contrary to that which has been asserted – in the interests of the company and respectful of those of all shareholders.”