Italy Reviews Options to Curb China’s Influence Over Pirelli (2)

April 5, 2023, 9:13 AM UTC

Italy is studying ways to curtail the influence of China’s Sinochem on tire maker Pirelli SpA, in the latest sign of rising tensions between Beijing and Western countries over the control of key technologies.

Italian officials are discussing a range options as part of talks with Pirelli investors over the company’s ownership structure, according to people familiar with the matter, who asked not to be named discussing confidential issues. Sinochem is Pirelli’s largest shareholder.

Pirelli tires on display at the Autodromo Nazionale circuit in Monza, Italy.
Photographer: Miguel Medina/AFP/Getty Images

Options include limiting information-sharing on sensitive and strategic technologies with any Sinochem-appointed board members, the people said. They may also involve limiting voting ...

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