Russian Tyre holding buys Dutch Vredestein

ENSCHEDE, Netherlands (4 November) - Russian Tyre Holding Amtel has reached an agreement with Dutch tyre manufacturer Vredestein for a takeover of a majority of the Vredestein shares. The Russian holding is buying Vredestein for its know-how in high-end tyres and marketing. The deal comes after a 50-50% joint venture between Finnish Nokian and Amtel

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