Posts Tagged ‘ Michelin buying majority stake in Indonesia tyre maker; speeds up its entry to SEA ’

Michelin buying majority stake in Indonesia tyre maker; speeds up its entry to SEA

January 28, 2019
Michelin buying majority stake in Indonesia tyre maker; speeds up its entry to SEA

French tyre maker Michelin is acquiring a majority stake in Indonesian compatriot PT Multistrada Ara Sarana Tbk, which makes the Achilles and Corsa tyre brands. Michelin plans to take an 80% stake in the company for US$439 million held by…

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Rubber Prices
(Last Updated: 18 Feb 2019)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


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