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Olimpia Minority Shareholder to Sell Stake

(Clacton, U.K./Tyres & Accessories) Pirelli SpA, a majority shareholder in Olimpia Holding (which, in turn, holds an 18% stake in Telecom Italia), is to have the chance to enhance its holding when another minority shareholder, Hopa, sells its stake.

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The 16% share could be bought by Pirelli or a number of other minority shareholders, including the Benetton Group, Banca Intesa, UniCredit SpA, Dow Jones reported.

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