Retail

Pirelli nets more than 8 million euros via sale

Order Reprints

Pirelli & Cie SpA has sold more than 10 million shares in Intek SpA, an Italian firm that specializes in the management of industrial companies, for about 8.3 million euros.

Pirelli sold the shares to Quattroduedue Holding BV.

The Italian tiremaker still holds slightly more than 6 million shares in Intek SpA, equal to 1.768% of the company's ordinary capital.

You must login or register in order to post a comment.