Rugby: Michelin becomes 100% shareholder in ASM Clermont Auvergne
The Michelin Group is now 100% shareholder in rugby club ASM Clermont Auvergne, a development it hopes will secure the club’s financial stability following several difficult years both on and off the field. Both parties intend Michelin’s sole ownership to be a temporary situation, with other partners – especially those from the local area – welcome to invest capital in ASM Clermont Auvergne at a later date.