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German authorities give Michelin green light to acquire Ihle Baden-Baden

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The German Federal Cartel Office has decided that no further proceedings are necessary prior to granting approval for Michelin’s planned acquisition of Ihle Holding AG, parent company of tyre wholesaler Ihle Baden-Baden AG. In an official notification, the Cartel Office (Bundeskartellamt) reported that the acquisition is seen as posing no problem.

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