Italian companies and their difficulty with the truth

Tuesday, 18 March 2014, 12:34 am

Interesting to see Pirelli and Rosneft announce this morning the Russian gas giant has acquired a significant stake in the tyre group's holding company.

Back in January I came across a story about Rosneft and Goldman Sachs's private equity unit teaming up to back a management buy-out of Pirelli.

I checked the story out with Rosneft, Goldman Sachs (neither of whom commented) and Pirelli's spokesperson, who vehemently denied to the tale...


Register for free to see rest of this article and all public articles from Betaville

Login / Register

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Post Comment