The price range is set at 7.40 to 9.00 euros per share, valuing the company at 1.9 to 2.3 billion euros, it said.
Pirelli is selling 90 million Pirelli Tyre shares in the global offering, representing 35% of the capital.
The long-awaited share offering falls short of the 1 billion euros previously expected by Milan’s financial sector.
Various news reports also stated that Pirelli plans to sell 400 million euros of unspecified financial assets by the end of the year.
From Wire Reports
Omni United said this partnership with SGA is part of its commitment to nurturing upcoming talent in Singapore.
Omni United, under its flagship, Radar Tires brand, has signed a multi-year contract with the Singapore Golf Association (SGA). Under this partnership, touring professionals who have previously represented Singapore at an elite amateur level and recently turned professional will receive financial support for their training and competition-related expenses as they embark on the early stages of their professional careers, Omni United said.
Pulling off special wheel and tire packages requires serious expertise from your team.
Geolandar X-CV and Geolandar A/T G31 tires are being supplied for the 250 series Land Cruiser.
The animation will include periodic takeovers of the entire digital Piccadilly Circus billboard, which is the largest digital advertising display in Europe.
The company said these endeavors aimed to address diverse needs of the community, focusing on both women empowerment and youth motivation.
Highlights from this year’s annual Turbo Wholesale Tires open house event, which featured a trade show, dinner and buyers event.
Paquette will work under the direction of current President David Kessler and officially begin his new role on June 3.
The study concluded that differences in measurements between players using fields with crumb rubber infill and those using grass fields were negligible.
The “Kanwar Tulip” has purple petals, which Apollo executives say echo the primary hue of the Apollo Tyres logo.
