Marco Polo Industrial Holdings Archives - Tire Review Magazine
ChemChina Completes Pirelli Buy-out

Marco Polo Industrial Holdings, set up to carry out China National Chemical Corp.’s (ChemChina) majority acquisition of Pirelli & C. S.p.A., has acquired roughly 70.6% of the Pirelli shares targeted by its mandatory tender offer. These shares equate to roughly 54% stake in Pirelli and added to previously purchased stock Marco Polo Industrial Holdings owns,