Michelin to sell 40% stake in Anhui Warrior joint venture

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M&A

To sell 30% stake to Shanghai Huayi Group, 10% to Double Coin Tire

Michelin will sell its 40% stake in Double Coin (Anhui) Warrior Tire Co joint venture (JV) to affiliates of JV’s majority partner, the French tire-maker announced in a press release on 20 November.

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