Compagnie Générale des Établissements Michelin (ENXTPA:ML) completed the acquisition of 88% stake in PT Multistrada Arah Sarana Tbk for $480 million.
BNP Paribas SA (ENXTPA:BNP) and Lazard Frères Banque SA acted as financial advisors to Compagnie Générale des Etablissements Michelin. Eric Douheret, Benjamin Tixier, Bertille Crichton-Nioche and Etienne Berthet, Fabien Radisic, Delphine Levy, and Annabelle Woerth of PwC Société d'Avocats acted as legal advisors to Compagnie Générale des Établissements Michelin.
Compagnie Générale des Établissements Michelin (ENXTPA:ML) completed the acquisition of 88% stake in PT Multistrada Arah Sarana Tbk (IDX:MASA) for $480 million on March 8, 2019. All necessary approval has been approved. Norton Rose Fulbright acted as legal advisor for Compagnie Générale des Établissements Michelin. Armand Yapsunto Muharamsyah and Partners acted as legal advisor for selling shareholders.