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Published on April 1, 2015 @ 9:00am EST

En Englais: Chinese firm buying 26% stake in Pirelli

MILAN, Italy—State-controlled China National Chemical Corp. (ChemChina), parent of China National Tire & Rubber Co. and other rubber industry holdings, has struck a deal to buy a 26.2-percent share in Pirelli & C. S.p.A. as the first step toward outright control of the world's No. 5 tire maker.

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