Michelin may buy Brazilian fleet firm Sascar French tyre manufacturer Michelin has offered to buy Sascar Tecnologia Automotiva S/A, a Brazilian supplier of digital fleet management and freight security services, for an amount of $720 million. This amount includes the assumption of $110 million in debt. The Sao Paulo-based company employs 870 and generated sales of $134 million last year. Read more - tyretimes/viewnews.jsp?id=156
Posted on: Fri, 13 Jun 2014 05:38:46 +0000
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