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Aeolus-Pirelli deal terminated; Prometeon integration continues (updated) – RetreadLife.com

JIAOZUO, China — Aeolus Tyre Co. Ltd. has terminated its pending acquisition of a 90-percent stake in Pirelli & C. S.p.A.’s commercial tire unit after failing to gain approval in time from Chinese authorities for an overseas acquisition.
Tire Business – RSS News Feed

Aeolus-Pirelli deal terminated; Prometeon status unclear – RetreadLife.com

JIAOZUO, China—Aeolus has terminated its pending acquisition of a 90-percent stake in Pirelli’s commercial tire unit after failing to gain approval in time from Chinese authorities for an overseas acquisition.
Rubber News – RSS News Feed

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