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Italy Delays Decision on Probe Into Chinese Influence at Pirelli

Italy Delays Decision on Probe Into Chinese Influence at Pirelli

Bloomberg11-06-2025
Italy is delaying a decision on whether Pirelli & C. SpA 's largest investor, state-backed Sinochem International Corp., breached rules designed to limit China's influence over the tire manufacturer.
Giorgia Meloni's government extended the deadline for an administrative ruling by 60 days to July 31, because the 'considerable amount of information gathered requires careful assessment,' according to a document seen by Bloomberg.
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