Yanchang/Duraturn set their sights on European assets

First ChemChina sent shockwaves through the tyre market by successfully purchasing Pirelli in 2015. This year another Chinese firm – this time tyremaker Qingdao Doublestar – made waves by offering an US$830 million bid for 42 per cent Kumho Tire in mid-March. The obvious question is what is the next tyre-related investment to come out of China?

The rest of this article is for subscribers only:
Log inSubscribe

Comments closed