CLEVELAND — The Akron-based Goodyear Tire & Rubber Company announced this ... a Japanese corporation for a net cash total of around $701 million. The deal grants Sumitomo Rubber Industries ...
Goodyear will continue making and selling Dunlop tires in Europe through at least the end of 2025 under a transition agreement. Top 10 Best US Presidents Carson Beck leaves Georgia for tranfer ...
Goodyear Tire (GT) announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets necessary for operations of the brand business in ...
Goodyear sells Dunlop brand to Sumitomo Rubber for $701M, retaining rights to motorcycle tires in Europe. Goodyear to continue producing Dunlop tires in Europe until 2025, using proceeds to reduce ...
and other specialty tires, along with certain associated intellectual property. As per the deal, Sumitomo Rubber Industries will pay Goodyear cash proceeds at closing of approximately $701 million ...
(Reuters) -Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Japan's Sumitomo Rubber Industries for $701 million in cash as part of a plan to streamline its business.
Jan 7 (Reuters) - Goodyear Tire & Rubber Co (GT.O), opens new tab said on Tuesday that it will sell its Dunlop brand to Japan's Sumitomo Rubber Industries (5110.T), opens new tab for $701 million ...
AKRON — Goodyear has agreed to sell the North American and European rights to the venerable Dunlop tire brand — which has roots dating back more than 130 years — to Sumitomo Rubber Industries Ltd.