Michelin says Swiss unit buyout to finish on Dec 2


PARIS, Nov 27 (Reuters) - Europe's biggest tyremaker Michelin (CGEM) said on Wednesday new shares created as a result of a buyout via a share swap of its quoted Swiss division would be on the market from Dec. 2. Michelin, which is buying the 6.5 percent of Swiss-listed Compagnie Financiere Michelin it did not already own via a share swap, said the 5,974,709 new shares created as a result of the swap would be quoted on the Paris bourse from Dec. 2. The new shares represent 4.2 percent of ...

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