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Goodyear to sell Dunlop brand to Sumitomo Rubber
Goodyear to sell Dunlop tire brand — plus 5 more M&A deals to know
Goodyear Tire & Rubber Co. (NASDAQ: GT) this week agreed to sell its Dunlop tire brand to Sumitomo Rubber Industries Ltd., the Japanese tire and rubber maker, for $701 million in cash and other consideration.
Tire Maker Goodyear to Sell Dunlop Brand to Japan's Sumitomo Rubber for $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. The sale covers the Dunlop brand and its trademarks in Europe, North America and Oceania, the company said.
Goodyear to sell Dunlop tire brand to Japanese rubber company for $701 million
Goodyear will continue making and selling Dunlop tires in Europe through at least the end of 2025 under a transition agreement.
Goodyear sells Dunlop for $701million
Goodyear Tire & Rubber Company has announced the sale of its Dunlop brand to Sumitomo Rubber Industries (SRI) for cash proceeds of approximately $701 mi
Goodyear Tire Sells Dunlop Rights to Sumitomo
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Goodyear Plans to Sell Dunlop Brand for About $700 Million
Goodyear Tire & Rubber plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries for about $700 million. The Ohio-based tiremaker said Tuesday that it agreed to sell the Dunlop trademarks and intangible assets in Europe,
Goodyear to sell Dunlop brand to Sumitomo Rubber in $701M deal
Goodyear Tire & Rubber (NASDAQ:GT) said Tuesday it agreed to sell its Dunlop tire brand to Japan's Sumitomo Rubber Industries for $701M in cash. Under the deal terms, Goodyear (GT) said it will continue to manufacture,
Goodyear to sell Dunlop to Japan’s Sumitomo for $701M
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.
1d
on MSN
Self-Driving Cars Don’t Do Snow. Goodyear Says the Solution Is Smarter Tires.
Autonomous vehicles are gaining popularity in drier climates, but struggle with knowing when to brake in snowy, icy ...
3d
on MSN
Goodyear’s smart tires can sense rain and ice for improved emergency braking
The idea is to trigger the vehicle’s automatic emergency braking (AEB) system earlier when an obstacle in the road is ...
Tire Business
20h
Goodyear unveils Cotton Bowl tire art
Goodyear honors the competitors of the 89th Goodyear Cotton Bowl Classic, Texas and Ohio State, with intricate, handcrafted ...
Hosted on MSN
1d
Goodyear's Smart Tire Aims For Bad-Weather Traction
G oodyear, in partnership with TNO, a research organization out of the Netherlands, is developing a tire with embedded ...
newsbytesapp.com
3d
These tires can sense rain, ice for better emergency braking
SightLine is designed to work well in low-friction conditions like rain, ice and snow. Unlike conventional AEB systems, which ...
2d
Goodyear reorganizing, moving part of Danville operation
Goodyear has announced it will move part of its Danville tire operation, but has not released specifics about how many people ...
6d
on MSN
Truck driver intervenes in highway shootout, wins Goodyear Highway Hero Award
Two men have been awarded the Goodyear Highway Hero Award for their selfless acts in the commercial trucking industry. Here ...
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