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 print
GMT 17:11 2017 Wednesday ,15 February
Farhadi's "Salesman" nominated for Oscar best foreign film
GMT 20:28 2017 Monday ,13 February
EgyptAir to receive second next-generation Boeing
GMT 05:13 2017 Thursday ,16 February
Central bankers take up arms against protectionism
GMT 19:48 2015 Sunday ,02 August
New radio service launched to cover latest UAE news
GMT 12:53 2017 Friday ,13 October
S&P warns of Catalan recession if crisis drags
GMT 20:54 2017 Wednesday ,22 February
Food consumption in Oman to grow at 4.5 per cent to 3.9m tonnes in 2021
GMT 02:04 2017 Wednesday ,04 January
Turkish Military Announces Killing 18 Daesh Militants in Northern Syria
GMT 13:37 2017 Thursday ,16 March
Smith leads Australia's revival in Ranchi test
GMT 18:39 2017 Tuesday ,11 April
Comedian John Bishop returns to Dubai
GMT 21:08 2017 Tuesday ,31 January
Motorcity honoured as ‘Distributor Champion’
GMT 00:14 2017 Tuesday ,28 February
Mohammad receives Pakistani Chief of Army Staff
GMT 10:38 2017 Thursday ,07 September
Saad Lamjarred Nominated for ‘100 Most Handsome Faces of 2017
GMT 00:48 2017 Wednesday ,08 March
Malaysia says foiled attack on 'Arab royalties' ahead of Saudi king's visit
GMT 23:37 2017 Tuesday ,15 August
Civilians Killed in Deadly Blast in AfghanistanGMT 08:27 2011 Tuesday ,07 June
3 women charged with robbing vets\' graves
GMT 20:01 2014 Wednesday ,10 December
27 hard questions you need to ask
GMT 16:44 2017 Monday ,25 December
DFM welcomes listing of AWTAD on "Second Market"
GMT 02:24 2017 Monday ,25 December
Mohamed bin Zayed receives students taking part in Journey
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