PetroChina Looks at $3.7 Billion in Aussie Deals

March 10 (Bloomberg) -- Zeb Eckert reports on today's top stories. He speaks on Bloomberg Television's "First Up." (Source: Bloomberg)
Pirelli on Track for Chinese Takeover
13:57 - Pirelli is on course to be taken over by ChinaChem - a state-owned chemical giant that makes everything from pesticides to latex to resins for plastics. The deal could bolster the Italian tire maker’s presence in the industrial market and value it at 7.4 billion euros, while continuing to manufacture high-end car tires for elite brands like Ferrari, McLaren and Bentley. Bloomberg's Eric Johnson reports. (Source: Bloomberg)
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