CATALAYER NEWS
Czech Arms Tycoon Expands Holdings With Pirelli Stake Purchase
Source: Bloomberg Markets · 2026-07-31
Czech billionaire Michal Strnad became one of eastern Europe’s wealthiest individuals thanks to the blockbuster listing of his defense company earlier this year. Now, the 33-year-old arms tycoon is putting some of those proceeds to work by taking a 14% stake in Pirelli SpA, one of Italy’s corporate crown jewels.
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