Pedersoli Studio Legale, with Antonio Pedersoli and Andrea Gandini (equity partners), has advised ChemChina National Chemical Corporation (ChemChina) and its subsidiary CNRC in the negotiation and execution of the agreement for the renewal of the shareholders’ agreement with Camfin and Marco Tronchetti Provera & C. (MTP), which have been provided legal assistance by Francesco Tedeschini and Renato Genovese (partners) at Chiomenti.

The renewal of the shareholders’ agreement will be effective from the calling date of Pirelli’s shareholders’ meeting for the approval of 2019 financial statements and an additional period of three years from such date, until Spring 2023.

By this agreement the partnership among ChemChina/CNRC, Silk Road Fund and Camfin/MTP is restated, permanently and consistently to the principles of governance already set forth in the shareholders’ agreement currently in force.