Cinturato P7 All Season Plus Cinturato P7 RUN FLAT P4 Four Seasons Plus P6 Four Seasons Plus P-Zero All Season Plus « 1 2 3 » Based out of Milan, Italy, Pirelli is the fifth-largest tire company in the world. They are known around the globe as a premium tire manufacturer, famous for their PZero tire brand. Pirelli constantly challenges the boundaries of technology, style and sustainability. Pirelli is currently the official tire provider of the Formula 1 Race series. They are proud of the F1 Carryover; the development of motorsports represents a valuable source of transferable knowledge for Pirelli’s road tires. This allows Pirelli to continuously improve their grip, wear, handling and rolling resistance. Pirelli earned their top reputation by providing Original Equipment tires for premium automobiles: Aston Martin, Audi, Bentley, BMW, Ferrari, Jaguar, Lamborghini, Land Rover, Lotus, Maserati, McLaren, Mercedes Benz, Pagani, Porsche, Volkswagen, and Volvo.

This is a partnership that requires three years of development and is based on the cooperation between both Pirelli and the car manufacturer’s engineers. offers Pirelli tires for sale online. Search among 46 tire models best suitable for you by size, by vehicle, by price or rating. Check Pirelli tire reviews and ratings from real customers like you. We can deliver you wheels and tires not only in Canada and United States but overseas as well.Newfoundland Mix Puppies For Sale In WisconsinMILAN—China National Chemical Corp. and other investors are making a bid for Pirelli & C.%Himalayan Cats For Sale Illinois SpA that could value the Italian tire manufacturer at around $7.7 billion—one of the largest overseas acquisitions by a Chinese state firm in recent years. Repair Price Pfister Single Handle Faucet

The deal will give China, the largest auto market in the world, control of one of the world’s top tire brands and if the tender is completed, the largest acquisition by a Chinese state firm since oil giant Cnooc Ltd.’s $15 billion acquisition of Nexen Inc. in 2012, according to Dealogic data. A unit of China National Chemical, known as ChemChina, will initially pay about €1.8 billion ($1.9 billion) to buy a 26% stake in Pirelli owned by Camfin, an investment vehicle indirectly controlled by Pirelli Chief Executive and Chairman Marco Tronchetti Provera. The Chinese company will then launch a bid to buy the rest of Pirelli’s stock outstanding at about €15 a share, slightly below Friday’s closing price. That would value the entire company at around €7.1 billion. China National Tire & Rubber Co., the ChemChina unit making the acquisition, operates a range of businesses and is one of China’s largest tire makers. Gaining control of Pirelli—which invested hundreds of millions of dollars in a large tire factory in Yanzhou, China—will allow the Chinese state-owned company to upgrade its technology and build its market share at home.

At the same time, ChemChina could get greater access to the European market while boosting global sales. Tire exports from China have been a source of friction in U.S.-China trade negotiations. The partnership will strengthen Pirelli’s presence in China and double the company’s volume of industrial tires sold to about 12 million pieces a year, Camfin said in a statement. Pirelli’s industrial tire business will be integrated with some assets of China National Tire & Rubber and Aeolus Tyre Co.% , a Shanghai-listed company partially owned by ChemChina. The acquisition is the latest in a line of Chinese investments in Italy, with recent acquisitions by People’s Bank of China including stakes of about 2% in some of Italy’s biggest and most iconic companies, including Fiat Chrysler Automobiles SpA and oil giant Eni SpA. The Pirelli investment is the first time since the recent raft of acquisitions began that a Chinese company or entity seeks to gain control of the Italian company it is investing in.

China National Tire & Rubber will own a minimum of 50.1% of a new investment vehicle set up to hold the 26% of Pirelli. Camfin will reinvest a portion of its proceeds from the sale of its stake in Pirelli back into the investment vehicle and has the right to keep its stake at as much as 49.9% if it invests during the tender offer for Pirelli’s publicly traded shares. Rosneft, which currently owns 50% of Camfin, will reinvest a portion of its proceeds in the investment vehicle. Mr. Tronchetti Provera will remain Pirelli CEO but will lose his chairmanship with China National Tire & Rubber naming somebody to that post. Pirelli’s headquarters will remain in Milan, as will the company’s research and development, which has become more key in recent years as the manufacturer has focused on high-end tires that have better margins. Ninety percent of Pirelli’s share capital will have to approve the move of the company’s headquarters or the transfer of any intellectual property to third parties.

If the delisting succeeds, the plan is to have Pirelli relisted through an initial public offering in the fourth year following the closing of the transaction, which is expected by September. With Pirelli closing Friday at €15.23, investors currently have no reason to tender their shares. Camfin said the €15 per share offer price to be offered to shareholders is 28% higher than the average over the past six months. Pirelli has had a rocky recent past with several ownership changes in the past four years. In 2012, Mr. Tronchetti Provera mustered help from Italy’s two largest banks to fend off an assault from another investor. Rosneft last year invested about €500 million for its 50% of Camfin. —Rick Carew contributed to this article. Lappi linked to Toyota drive after Skoda exit See more than 50 On Board videos. FREE US SHIPPING FOR ALL ORDERS OVER $110 2016 MERCEDES AMG PETRONAS 2016 RED BULL RACING Mercedes AMG Petronas Lewis Hamilton Gre… Sahara Force India 2016 Team Polo