Italian government limits Chinese state-owned firm's influence over Pirelli

The Italian government has blocked China's Sinochem from appointing the CEO of Pirelli.

State-owned Sinochem is the tyre manufacturer's biggest shareholder, holding 37 percent.

Pirelli is currently the official tyre supplier for Formula 1.

Giles Gibson has more from Rome.

IN: "The biggest shareholder…"

OUT: "...Giles Gibson, Rome."
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