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MGDDY Michelin Compagnie Generale Des Etablissements Michelin (PK)

17.64
0.00 (0.00%)
27 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Michelin Compagnie Generale Des Etablissements Michelin (PK) USOTC:MGDDY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 17.64 17.69 17.72 62 13:53:30

Michelin in Exclusive Talks to Buy Offroad Tire Maker Camso

12/07/2018 9:01am

Dow Jones News


Michelin Compagnie Gener... (PK) (USOTC:MGDDY)
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   By Nathan Allen 
 

Compagnie Generale des Etablissements Michelin (ML.FR) said Thursday that it is in exclusive talks regarding a potential takeover of Canadian offroad tire maker Camso.

Michelin said it was holding discussions with Camso's main shareholders with a view to acquiring its entire share capital.

Privately held, Quebec-based Camso makes tires, tracks and track systems for construction and agricultural machinery, dirt bikes, snowmobiles and conveyor belts. It doesn't disclose financial results but employs 7,500 people across 26 countries.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

July 12, 2018 03:46 ET (07:46 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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