Michelin Among Potential Suitors for Italy's Alfa Gomma, Corriere Della Sera Says

Dow Jones2025-12-16
 

--Michelin is among a group of 25 potential suitors for Italian industrial hose manufacturer Alfa Gomma, having previously approached the company with a 1.2 billion euro ($1.41 billion) offer, according to Italian newspaper Corriere Della Sera.

--Company information has already been sent to the group that also includes industrial groups Parker Hannifin, Trelleborg and Eaton, as well as firms including Apollo, Advent, and Bain, Corriere Della Sera says.

--The company hopes to close the sale by April, according to the newspaper.

 

Full story: https://tinyurl.com/mvbpr6u3

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

December 16, 2025 06:07 ET (11:07 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment