Pirelli's Chinese Owner Votes Against Results, Escalating Clash
Pirelli & C. SpA's biggest shareholder, Sinochem International Corp., escalated a clash among the Italian tiremaker's owners by voting against the approval of last year's financial results.
The Chinese group was the only shareholder that didn't approve the 2024 report at a shareholder meeting in Milan on Thursday, according to a press release. The annual report was approved with 57% of the votes.
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