Goodyear Tire & Rubber (NASDAQ:GT) jolted the auto supplier sector earlier in the week by announcing the sale of the Dunlop brand to Sumitomo for $701 million in cash. The transaction includes Dunlop ...
When I was first looking at this story, I wasn't aware of the weird-ass history Goodyear has with both Dunlop and Sumitomo, ...
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 ...
When Goodyear announced its "Goodyear Forward" plan in late 2023, there undoubtedly were those who expected it to be nothing more than a slash-and-burn strategy. But 14 months into the initiative, ...
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber ...
Goodyear sells Dunlop brand to Sumitomo Rubber for $701 million. Deal includes brand transfer, ongoing agreements, and debt reduction.
Goodyear’s next transaction might be its most painful one for Akron and the company's employees in the city. At the end of ...
Goodyear Tire & Rubber GT1.34%increase; green up pointing triangle plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries 5110 0.09%increase; green up pointing triangle for about ...
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.
Goodyear is looking to streamline its business, with the sale of the tyre brand Dunlop being one vehicle to do this ...
Under the transaction terms, Sumitomo will pay USD 526 million for the Dunlop brand and its associated intellectual ...