-- Pirelli, its shareholders and the Italian government are seeking ways to sever ties with China's Sinochem, currently the tire maker's largest shareholder, holding a 37% stake, the Financial Times reports, citing unnamed sources.
-- Rome is weighing new options before the Trump administration's ban on Chinese-backed software and hardware in U.S. cars takes effect in March, the FT reports.
-- Sinochem executives have so far not engaged in discussions with Pirelli over the options it has presented, the FT reports. Both companies declined to comment to the FT.
Full story: https://tinyurl.com/48hzycp4
Write to Billy Gray at william.gray@wsj.com
(END) Dow Jones Newswires
January 06, 2026 01:35 ET (06:35 GMT)
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