UPDATE 1-Hankook Tire bid for Indonesia tyre maker falls through

Newswire

* Multistrada sale falls through on price - Hankook Tire * TPG Capital, Yokohama Rubber also placed bids (Recasts lead, adds company comments) SEOUL, Sept 5 (Reuters) - The sale of a controlling stake in Indonesian tyre maker PT Multistrada Arah Sarana PT has fallen apart after offers failed to satisfy shareholders, said South Korea's Hankook Tire Co Ltd . Hankook Tire said in a regulatory filing on Monday that it had since dropped its plan to take over Mutistrada, Indonesia's No.2 ...

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