Market Overview

Titan International Enters into Negotiations with Cordiant Regarding Russian Investment

Titan International, (NYSE: TWI), confirms that it has in cooperation
with One Equity Partners (OEP) and Russian Direct Investment Fund (RDIF)
entered into negotiations with Cordiant about a potential investment in
Russia. Titan hopes to successfully complete these discussions in the
near future.

Titan will be the managing partner and is looking forward to working
with RDIF and OEP. RDIF brings the expertise to how business is done in
Russia and the relationships to deliver value creating transactions,
just as OEP brings its knowledge of the world of finance.

Titan has plans to grow our tire, wheel and track foot print in Russia
and the Commonwealth of Independent State (“CIS”) countries. Titan's

See full press release

Posted-In: News Guidance Contracts Management M&A Global

 

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