"The actions we are taking are intended to reduce our debt and create financial flexibility so we can enhance the strategic initiatives, key technologies and talent that will drive our transformation forward," says Schuette.
News

ATD Reduces Debt by Up to $1.1 Billion

American Tire Distributors Inc. (ATD) has reached an agreement in principle with holders of more than 70% of its bonds on the terms of a recapitalization transaction that will reduce the company’s debt by up to $1.1 billion. It also will provide financial flexibility as it continues its ongoing transformation.

Pirelli honored nine of its more than 10,000 global suppliers for supporting the ocmpany's efforts towards a sustainable purchasing strategy.
News

Pirelli Honors 9 Global Suppliers

Pirelli & Cie SpA recognized the sustainability, innovation and quality of service displayed by nine suppliers from its global supply chain of more than 10,000 businesses at its 2018 Pirelli Supplier Awards.

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