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CEAT races 16%, hits record on buying Camso brand from Michelin for $225 mn
The northward move in CEAT share price came after it announced that it has acquired Camso brand's Off-Highway construction equipment bias tyre and tracks business from Michelin for $225 million
Bridgestone, Apollo roll their wheels beneath the auto boom
The market gets set for a brand war as new labels hit the road and companies look to expand their share of the organised market