Michelin raises stake in Indonesia's Multistrada
Michelin announced that it now holds 99.64% of the share capital of leading Indonesian tire manufacturer Multistrada Arah Sarana following a successful public offer. In line with its strategy, Michelin acquired 87.59% of Multistrada on March 8, 2019. As Multistrada is a publicly listed company, and pursuant to Indone....
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