ChemChina considers stake sale in Italian tyre maker Pirelli

ChemChina considers stake sale in Italian tyre maker Pirelli

An employee trims an automobile tire during assembly at the Pirelli & Co. SpA production plant in Merlo, Buenos Aires Province, Argentina, on Wednesday, Aug. 9, 2017. The National Institute of Statistics and Censuses is scheduled to release industrial production figures on August 31. Photographer: Erica Canepa/Bloomberg

China National Chemical Corp. is considering reducing its stake in Italian tiremaker Pirelli & C. SpA as part of a strategic review of the Chinese group’s overseas investments, according to people familiar with the matter.

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