The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI). This transaction encompasses the sale of trademarks and ...
Goodyear Tire & Rubber GT-3.90%decrease; red down pointing triangle plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries 5110 0.22%increase; green up pointing triangle for about ...
KOBE, Japan — Regaining control of the Dunlop brand in North America and Europe is part of Sumitomo Rubber Industries Ltd.'s strategy to re-establish Dunlop as a "premium tire brand in the global ...
Pursuant to the transaction terms, SRI will pay Goodyear cash proceeds at closing of approximately $701 million for the transfer of the Dunlop Brand across the relevant geographies, a "Transition ...
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.
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 ...
CLEVELAND — The Akron-based Goodyear Tire & Rubber Company announced this week it has "signed a definitive agreement" to sell its Dunlop tire brand to a Japanese corporation for a net cash total ...
(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 ...
Goodyear's turnaround plan takes a step forward, plus details on five other M&A deals in Northeast Ohio. Goodyear Tire & Rubber Co. (NASDAQ: GT) this week agreed to sell its Dunlop tire brand to ...
On Tuesday, the company entered a deal to sell its Dunlop brand to Sumitomo Rubber Industries (SRI) for cash proceeds of around $701 million. The purchase amount covers the brand transfer across ...