Chinese Investors Appeal Italys Curbs on Pirelli Stake

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A Pirelli tire is pictured in the paddock at the Jeddah Corniche Circuit ahead of the 2023 Saudi Arabia Formula One Grand Prix on March 16, 2023. Giuseppe Cacace/AFP via Getty ImagesChinese investors in Pirelli have appealed against Italian government restrictions on their stake in the Italian tire maker.China National Tire & Rubber Corporation (CNRC) and its Italian investment vehicle Marco Polo International filed appeals on June 7 against an April government decree, Pirelli said.

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