Pinarello could reportedly be sold to Ivan Glasenberg

Bottega di Pinarello 02

Italian bike company Cicli Pinarello could soon be sold to Ivan Glasenberg, according to Italian newspaper Il Messaggero and other press sources. The 66-year-old South African billionaire, who holds a 10 percent stake in international mining company Glencore, is reportedly close to finalizing a deal to take a majority stake ...

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