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Belgium

Bekaert to acquire steel cord activities from Pirelli

N.V. Bekaert S. A. has reached an agreement with Pirelli & C. SpA for the acquisition of Pirelli's steel cord activities. The deal has an enterprise value of EUR 255 million. As part of this transaction, Bekaert and Pirelli will enter into a long-term supply agreement of tire cord to Pirelli. The acquisition agreemen....

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