Apollo Tyres says board approves overseas buy


MUMBAI, April 30 (Reuters) - The board of Indian tyre-maker Apollo Tyres Ltd gave its approval to acquire Netherlands-based Vredestein Banden B.V., the company said in a notification to the stock exchange on Thursday. Vredestein Banden B.V. is a premium European passenger car tyres manufacturer and a wholly-owned unit of Russia's biggest tyre maker Amtel-Vredestein N.V., the firm said. It did not give any more details, saying that specifics such as the price of the acquisition will be ...

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