Pirelli, Intesa complete EUR 270m sale of FM unit

Italy's Pirelli Real Estate and Intesa Sanpaolo have sold their stakes in Pirelli RE Integrated Facility Management (PREIFM), a 50/50 joint venture in facility and project management, to the Italian group Manutencoop FM. The companies signed a preliminary agreement in early November 2008. Pirelli RE and Intesa said they have ...

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