Michelin to expand Fenner post-acquisition

摘要

FRANCE: Group Michelin finalised its acquisition of Fenner PLC on 31 May, following which it named Fenner's chief financial officer John Pratt as the CEO of the new wholly owned subsidiary. The €1.5-billion deal became official after Fenner shareholders 'nearly unanimously' approved the acquisition on 16 May, followed by court approval during a 25 May hearing.