French tyre maker Michelin said on Tuesday that it is to sell its 9.98-percent stake in rival South Korean tyre firm Hankook Tire and use the funds for investment in fast-growing markets. French tyre ...

If, as the maxim supposes, racing improves the breed, then high-end car owners now have a number of options when looking for racing-inspired road-going performance tires. Pirelli Tyre S.p.A., Group ...

Group Michelin's deal earlier this year to buy a 10-percent stake in South Korea's Hankook Tire Co. Ltd. is a more wide-ranging agreement than originally disclosed, according to analysts who cover ...

Michelin says it has completed the private placement to institutional investors of 9.98% of Hankook Tire shares with gross proceeds worth around EUR405m (US$554m) leading to a gain for the French ...

The French tyre maker raises $558 million after the deal is priced below the original range at W41,000 per share. French tyre manufacturer Michelin last night sold its entire 9.98% stake in Korea’s ...

Local tire manufacturer Hankook Tire Co. has announced a strategic partnership with Michelin Group of France to produce and export its products. The partnership between the two companies will be based ...

NEU ISENBURG, Germany—Hankook Tire & Technology Co. Ltd. has secured the race tire supply contract for the ABB Formula E World Championship, succeeding Michelin as the electric race car series' tire ...

SEOUL, Nov 9 (Reuters) - French tyre maker Michelin, the second largest shareholder in Hankook Tire, exited the South Korean firm in a deal worth 623 billion won ($555.7 million) and seen as ending ...

RANCHO MIRAGE, Calif. — Concerns about tire availability and Michelin´s involvement with the company were among the questions Hankook Tire America Corp. executives fielded at a recent tire dealer ...

PARIS/SEOUL, June 18 (Reuters) - French tyre maker Michelin said on Wednesday it had raised its stake in Hankook Tire <000240.KS>, after rumours earlier sent shares of its South Korean peer up 12 ...