Pirelli, which supplies tyres for Formula One cars, will present details of its IPO, including a price range, as early as this week. Photograph: Maxim Shemetov/Reuters

Pirelli, the tyre maker that supplies Formula One race cars, is seeking an equity valuation of as much as €9 billion in its initial public offering (I(...)

Under the terms of the Pirelli deal, which was announced yesterday, the Russian oil major will own 50 per cent of a new holding company that will end up with 26.2 per cent of Pirelli. Photograph: Alexander Zemlianichenko Jr./Bloomberg

Rosneft has struck a deal with a group of Italian shareholders that will give it control over a 13 per cent stake in Italy’s Pirelli, making it(...)