Pirelli had negotiations with different companies before the deal with ChemChina
After the official announcement of the purchase of Pirelli shares by ChemChina, various rumors on this topic have decreased. One of the latest was a message that the shares would be purchased by Bridgestone.
Commenting on the high interest in this situation, Marco Tronchetti pointed out that the possibility of selling shares to Bridgestone was not seriously considered. Moreover, such a step, in his opinion, would be a disaster. Instead, by accepting the offer from the Chinese ChemChina, he ensured the future for Pirelli.
However, if you believe the rumors that leaked to the press, ChemChina was not the only buyer. Tronchetti negotiated with two other Asian companies, but they did not offer such favorable terms and were rejected. Most likely, the conversation was about Hankook and Yokohama.
Commenting on the high interest in this situation, Marco Tronchetti pointed out that the possibility of selling shares to Bridgestone was not seriously considered. Moreover, such a step, in his opinion, would be a disaster. Instead, by accepting the offer from the Chinese ChemChina, he ensured the future for Pirelli.
However, if you believe the rumors that leaked to the press, ChemChina was not the only buyer. Tronchetti negotiated with two other Asian companies, but they did not offer such favorable terms and were rejected. Most likely, the conversation was about Hankook and Yokohama.