October 10, 2016 / 11:16 AM / a year ago

REFILE-Pirelli working on early re-listing in 2018 - CEO

(Adds Italy code)

MILAN, Oct 10 (Reuters) - Italian tyremaker Pirelli is working on bringing forward plans to relist on the Italian stock market, the group’s Chief Executive Marco Tronchetti Provera said on Monday on the sidelines of a conference.

* Pirelli was delisted from the Milan stock market last year after its acquisition by China National Chemical Corp.

* Tronchetti Provera said at that time that a 2019 relisting of Pirelli was part of the deal with Chemchina

* “we are working in the direction” of listing the company in 2018, Tronchetti Provera said on the sidelines of a conference on Monday

* The CEO also said Pirelli was not interested in becoming a shareholder of Formula 1, the ownership of which will go to Liberty Media in the first quarter of next year (Reporting by Giancarlo Navach, writing by Stephen Jewkes)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below