Michelin sells Hankook shares

November 2011
Rubber & Plastics News;11/14/2011, Vol. 41 Issue 8, p0001
Trade Publication
The article informs that French tire maker Michelin has sold its 9.98-percent stake in the world's eighth-largest tire maker Hankook Tire Co. Ltd. of South Korea for about 560 million dollar to improve its liquidity position and accelerate its industrial strategy in high-growth markets.


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