Tag: Michelin to sell 40% stake to two companies in Anhui Warrior Joint Venture

Michelin to sell stake in Double Coin jv

French tyre-maker Michelin has reached an agreement to sell 40% of its shares in the Chinese joint venture Double Coin (Anhui) Warrior Tire Co. Michelin said it would sell 30% of its stake to Shanghai Huayi Group Corp. Ltd. while…