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Pirelli CEO says company is not currently planning any factory closures

Pirelli CEO says company is not currently planning any factory closures MILAN, Oct 29 (Reuters) - Italian tyremaker Pirelli PIRC.MI is not planning to close any of its factories as a response to the crisis of the automotive industry, CEO Andrea Casaluci said at a business conference in Milan. Casaluci said Pirelli had already restructured its operations in 2018-2019, closing one plant in Britain, and was now working on modernising its production facilities especially in Europe and South America.
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Italy - Factors to watch on Oct. 22

Italy - Factors to watch on Oct. 22 The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italy's government on Monday passed a decree aimed at overcoming court objections to its flagship immigration plan that is aimed at deterring boat migrants by sending them to detention camps in Albania.
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Italy's Pirelli to stick to targets despite difficult market phase

BRIEF-Italy's Pirelli to stick to targets despite difficult market phase Oct 21 (Reuters) - Pirelli's PIRC.MI Executive Vice-Chairman Marco Tronchetti Provera tells reporters on the sidelines of an event in Milan : DESPITE CURRENT DIFFICULT PHASE WILL MAINTAIN OUR TARGETS Further company coverage: PIRC.MI Reporting by Milan newsroom
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Brembo buys suspension maker Ohlins Racing for $405 million

UPDATE 1-Brembo buys suspension maker Ohlins Racing for $405 million Adds details of acquisition, context from paragraph 3, quotes from statement MILAN, Oct 11 (Reuters) - Italy's Brembo BRBI.MI said on Friday it had agreed to buy suspension technology manufacturer Ohlins Racing for $405 million, in the premium brake maker' s biggest ever acquisition.
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Italy - Factors to watch on October 9

Italy - Factors to watch on October 9 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY The Italian government's 1% economic growth target for this year will be more difficult to reach after downward revisions made last week by national statistics bureau ISTAT, Economy Minister Giancarlo Gi
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Kepler ups Pirelli to 'buy', sees 'attractive entry point' after Brembo exit

BUZZ-Kepler ups Pirelli to 'buy', sees 'attractive entry point' after Brembo exit ** Kepler Chevreux upgrades Italy's Pirelli PIRC.MI to "buy" from "hold", as it sees an "attractive entry point" after Brembo sold its 5.58% stake in the tyre maker this month ** "Pirelli's stock has underperformed compared to its European peers over the past six mont
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: British Land, Zayo Group, Fennemore Craig, Altor Oct 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Wednesday: ** Property firm British Land Co Plc BLND.L said on Wednesday it has acquired a portfolio of seven retail parks from Brookfield Asset Management BAM.TO for 441 million pounds ($585.34 million), increasing its position in the retail park market.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Brembo BRBI.MI has sold its entire 5.6% stake in tyre maker Pirelli PIRC.MI for around 283 million euros ($313 million), a move dampening speculation about a merger between the two Italian groups.
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Pirelli skids to 8-month low after Brembo sells stake

BUZZ-Pirelli skids to 8-month low after Brembo sells stake Updates share moves, adds trader and analyst comments ** Shares in Italian tyre maker Pirelli PIRC.MI fall as much as 4.7% to an e ight -month low after premium brakes maker Brembo BRBI.MI sells its entire stake of 5.58% in the group ** Brembo completed the sale on Wednesday through acceler
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Pirelli skids to 8-month low after Brembo sells stake

BUZZ-Pirelli skids to 8-month low after Brembo sells stake ** Shares in Italian tyre maker Pirelli PIRC.MI fall 3.5% to an 8-month low after premium brakes maker Brembo BRBI.MI sells its entire stake of 5.58% in the group ** Brembo completed the sale on Wednesday through accelerated bookbuilding (ABB) for 5.07 euros ($5.61) per share, a 5% discount
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Camfin Group Buys 2.5% Of Pirelli

BRIEF-Camfin Group Buys 2.5% Of Pirelli Oct 2 (Reuters) - Marco Tronchetti Provera & C. SpA, Camfin SpA, Camfin Alternative Assets: CAMFIN GROUP BUYS 2.5% OF PIRELLI MTP & C. GROUP S.P.A. RISES TO 25.28% IN PIRELLI ACQUISITION OF SHARES AUTHORIZED BY MTP & C GROUP SPA TO MAXIMUM 29.9% OF PIRELLI Further company coverage: PIRC.MI (Gdansk Newsroom)
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Brembo Completes Stake Sale In Pirelli Through ABB For EUR 5.07/Shr

BRIEF-Brembo Completes Stake Sale In Pirelli Through ABB For EUR 5.07/Shr Oct 2 (Reuters) - Brembo NV BRBI.MI : SUCCESSFULLY COMPLETES ABB STAKE SALE IN PIRELLI SALE FOR EUR 282.9 MILLION SALE FOR EUR 5.07 PER SHARE Further company coverage: BRBI.MI (Gdansk Newsroom)
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Italy - Factors to watch on October 2

Italy - Factors to watch on October 2 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY ISTAT releases unemployment rate data (0800 GMT). POLITICS On Tuesday evening, Italy's Cabinet held a special meeting dedicated to the Middle East crisis.
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Italy's Brembo sells Pirelli shares, Tronchetti's Camfin raises stake

UPDATE 3-Italy's Brembo sells Pirelli shares, Tronchetti's Camfin raises stake Pirelli shares sold at 5.07 euros each in ABB process Brembo raised 282.9 mln euros from share placement Camfin increased Pirelli stake to 25.28% Recasts after deal completion, Camfin statement By Giulio Piovaccari MILAN, Oct 2 (Reuters) - Brembo BRBI.MI has sold its entire 5.6% stake in tyre maker Pirelli PIRC.MI for around 283 million euros ($313 million), a move dampening speculation about a merger between the two
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Italy's Brembo starts sale process for its 5.6% Pirelli stake

Italy's Brembo starts sale process for its 5.6% Pirelli stake MILAN, Oct 1 (Reuters) - Premium brakemaker Brembo BRBI.MI said on Tuesday it was starting a process to sell its entire stake, worth around 5.6%, in tyre maker Pirelli PIRC.MI . The sale will be performed through a so-called 'accelerated book building' (ABB) process, which will start "immediately", the Italian company said in a statement.
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Brembo Starts Sale Through ABB Of Its 5.58% Stake In Pirelli

BRIEF-Brembo Starts Sale Through ABB Of Its 5.58% Stake In Pirelli Oct 1 (Reuters) - Brembo NV BRBI.MI : STARTS SALE OF WHOLE PARTICIPATION OF 55,800,000 SHARES IN PIRELLI STAKE IN PIRELLI IS EQUAL TO 5.58% OF SHARE CAPITAL OFFER TO BE REALISED THROUGH ABB, BNP PARIBAS TO ACT AS BOOKRUNNER Further company coverage: BRBI.MI (Gdansk Newsroom)
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Berkshire Hathaway, Brembo, Macquarie, SumUp; Updates: PepsiCo Oct 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1945 GMT on Tuesday: ** Berkshire Hathaway BRKa.N will take full ownership of Berkshire Hathaway Energy, after Warren Buffett's conglomerate agreed to acquire the 8% it did not already own from the family of late billionaire philanthropist Walter Scott.
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Burberry, Experian, GEA Group

EUROPE RESEARCH ROUNDUP- Burberry, Experian, GEA Group Sept 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Burberry, Experian and GEA Group, on Thursday. HIGHLIGHTS * Burberry BRBY.L : RBC cuts target price to 650p from 800p * Experian EXPN.L : RBC raises to sector perform from underperform * FACC AG FACC.VI : Kepler Cheuvreux raises to buy from hold * GEA Group AG G1AG.DE : Morgan Stanley raises to overweight from equal-weight
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Goodyear, other tire makers slam 'far fetched' price-fixing lawsuits

REFILE-Goodyear, other tire makers slam 'far fetched' price-fixing lawsuits Refiles Sept. 23 story to fix a typo in the headline By Mike Scarcella Sept 23 (Reuters) - Goodyear, Bridgestone and four other tire manufacturers have asked a U.S. judge to dismiss a trio of class action lawsuits accusing them of conspiring to overcharge consumers and businesses in the multibillion-dollar market for replacement tires.
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Italy - Factors to watch on September 11

Italy - Factors to watch on September 11 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . DEBT An Italian 30-year syndicated bond launched on Tuesday attracted record demand , as the country's high debt yields remain attractive ahead of an anticipated interest rate cut from the European Central Ba
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