Pirelli (PIRC IM) and Sinochem (600500 CH) reportedly consider reducing China's stake in the tyre maker to 10%, according to Bloomberg

Pirelli and Sinochem are reportedly in discussions to reduce China's stake in the tyre manufacturer to 10%, which could signify a shift in strategic control.

Newsquawk StaffPublished 7 Jan 2026, 13:17 UTCOn the live feed at 12:57 UTC — 7 more headlines followed before this page went public

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Pirelli (PIRC IM) and Sinochem (600500 CH) reportedly consider reducing China's stake in the tyre maker to 10%, according to Bloomberg

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Talks may also include the potential sale of the entire stake.
Pirelli and Italy aim to preserve the tyre maker's access to the US market.

Context

This move suggests Italy's intention to secure Pirelli's access to the US market, hinting at possible regulatory concerns or geopolitical implications tied to foreign ownership. The outcome of these talks may set a precedent for how multinational firms navigate ownership stakes amid rising scrutiny in key markets.

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