Camfin,Chinese partner seek to strengthen Pirelli stake

摘要

ITALY-Pirelli shareholder Camfin SpA is reviewing its partnership with Chinese rubber magnate Niu Yshun to increase its stake in the Italian tire maker's shares.In a statement 1 April,Cam-fin said it had signed a preliminary and non-binding memorandum of understanding with Niu-owned financial vehicle Longmarch sari to develop private equity initiatives.