Chinese Investors Appeal Italy’s Curbs on Pirelli Stake

Pirelli’s Chinese shareholders are challenging Italy’s limits on their stake ahead of an annual shareholder meeting on June 25.
Chinese Investors Appeal Italy’s Curbs on Pirelli Stake
A Pirelli tire is pictured in the paddock at the Jeddah Corniche Circuit ahead of the 2023 Saudi Arabia Formula One Grand Prix on March 16, 2023. Giuseppe Cacace/AFP via Getty Images
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Chinese investors in Pirelli have appealed against Italian government restrictions on their stake in the Italian tire maker.

China National Tire & Rubber Corporation (CNRC) and its Italian investment vehicle Marco Polo International filed appeals on June 7 against an April government decree, Pirelli said.