Word: pirelli
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...yacht in his birthday suit, as one once did, well, that's news too. When Agnelli needs to tell the Prime Minister something, the P.M., whoever he may be, listens intently. But if Agnelli is the king, then the crown prince is Marco Tronchetti Provera, 53, chairman of Pirelli, the $4.5 billion tire and cable maker...
...Although he was not born into an illustrious family, Tronchetti Provera married into one. His 1978 marriage to Cecilia Pirelli ended in divorce, but that didn't seem to hurt his stance with father-in-law Leopoldo, who continued to appoint him to top jobs at the family firm. (Tronchetti Provera has since taken up with a Tunisian model-showgirl known to Italians simply as Afef.) The Pirelli chairman does not yet yield the same kind of power as Agnelli, but he's trying. He took a major step in that direction last month when, together with the Benettons...
...Pirelli's move came just a couple of weeks after Agnelli's Fiat engineered a takeover together with Electricité de France of energy giant Montedison. While both are billion-dollar deals, they are infinitely more important for their symbolic value. If Colaninno had shocked the Italian business establishment in May 1999 with his heavily leveraged takeover of Telecom Italia, July 2001 marked the return of the old guard. The Pirellis and Agnellis have been Italy's movers and shakers since just after World War II in what was known as the salotto buono, the exclusive club of northern Italian...
...curtain was about to fall for Colaninno. Pirelli and Benetton put together a $6 billion package that allowed them to buy 23% of Olivetti, which in turn owns 55% of Telecom Italia. Since they already owned nearly 4% of Olivetti, their share rose to 27%, with which they can control the telecom giant. Tronchetti Provera, who is credited with turning around Pirelli, had been sitting on $3.2 billion in cash after selling two optical technology firms to Cisco and Corning. For months the guessing game in Milan was what will Pirelli buy? "Telecom has a strong market position...
...English, and that this felicitous commonality is what gives the characters their freedom.) In Miami, meanwhile, Juan's wife Carmela (Anjelica Huston) believes that Juan is never going to arrive and, despite the objections of her brother Angel (Diego Walraff), finds herself attracted to a policeman named John Pirelli (Chazz Palminteri...