Pirelli’s Tronchetti Sees End to Chinese Shareholder Tussle

Pirelli & C. SpA expects its governance issues with top shareholder Sinochem Holdings Corp. to be worked out, lifting a threat that’s clouded the tire maker’s US prospects, Executive Vice Chairman Marco Tronchetti Provera said.

“At some point this problem will be solved,” Tronchetti said in an interview at Bloomberg’s Future of Finance event in Milan on Wednesday. “The Italian government has stated that Pirelli has to be free to develop its tire technology.”