Pirelli shareholders approve Marco Polo Industrial Holding merger
Pirelli is a flagship company for Milan, Italy's economic capital
Milan - AFP
Shareholders of the leading Italian tyremaker Pirelli approved on Monday a proposed merger with the Chinese company Marco Polo Industrial Holding.
The merger, due to be implemented by mid-2016, will culminate the 7.4-billion-euro ($8.25-billion) takeover of Pirelli last year by China National Chemical Corporation (ChemChina) last year, which controls Marco Polo Industrial Holding.
Shareholders also confirmed the arrival of seven new advisors, six of whom are Chinese, to the group's board.
Pirelli is a flagship company for Milan, Italy's economic capital, where it began business in 1872 by making bicycle wheels before moving into the nascent car industry.
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:22 2018 Paper industry around famous Chinese lake to be shut down by 2019
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit Indonesia
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard printGMT 11:15 2013 Tuesday ,12 February
Philippine exports up 16.5% on higher furniture
GMT 21:07 2016 Sunday ,24 July
Education minister approves Thanaweya Amma test results
GMT 22:11 2018 Monday ,08 January
Bahrain attracts clean, safe, sustainable energy investments
GMT 19:44 2017 Tuesday ,14 November
Saudi Cabinet condemns Bahrain oil pipeline blast
GMT 07:04 2017 Tuesday ,17 October
Turkey ‘ready to cooperate with Iraq’ against Kurdish militants
GMT 00:35 2017 Wednesday ,15 March
Dubai makes new gains in quality of living ranking
GMT 12:09 2018 Friday ,05 January
Rublev reaches Qatar semi-finals, gets Australian seeded spot
GMT 12:37 2017 Saturday ,22 April
Djokovic looking for answers after Monte Carlo disappointment
GMT 09:04 2017 Thursday ,27 April
Abu Dhabi hospitals reminded over co-payments
GMT 03:43 2017 Wednesday ,07 June
Apple issues iPhone recall in the UAE
GMT 00:10 2017 Wednesday ,16 August
UN: Aids-Related Deaths Down 21% from Peak
GMT 16:06 2017 Saturday ,04 November
Trump makes Pearl Harbor stop en route to Asia
GMT 17:28 2017 Thursday ,11 May
Hot spell continues in North India, Churu sizzles at 47 degree Celsius
GMT 20:03 2016 Tuesday ,15 November
Deputy Premier receives PLO executive committee secretary
GMT 13:36 2017 Thursday ,15 June
Actress Reem Mustafa happy for participating in “God Knows I’m Fasting”
GMT 20:34 2018 Friday ,16 November
Madbouli attend AU extraordinary session
GMT 21:17 2017 Wednesday ,05 April
More Than 430,000 Iraqi Civilians Displaced
GMT 12:37 2017 Friday ,07 April
UN monitoring situation after US strikes Syrian air base
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor