Thursday 19 April 2018
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Michelin to buy Fenner in £1.2 billion deal

French tyre maker Michelin has struck a deal to acquire British manufacturer Fenner in a £1.2 billion deal.The groups announced the deal after market close on Monday, with Michelin to shell out 610p per Fenner share, a 31% premium to the FTSE 250 firm s cl

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