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Goodyear to sell Dunlop brand to Sumitomo Rubber
Goodyear to divest Dunlop brand to Sumitomo Rubber for $701m
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI).
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,
Dunlop Brand Changes Hands: Goodyear Strikes $701 Million Deal with Sumitomo To Power Forward Plan
The Goodyear Tire & Rubber Company (NASDAQ:GT) shares are trading flat premarket on Wednesday. On Tuesday, the company entered a deal to sell its Dunlop brand to Sumitomo Rubber Industries (SRI) for cash proceeds of around $701 million.
Sumitomo aims to make Dunlop a ‘core brand’ following acquisition
Sumitomo acquires Dunlop to grow it as a premium tire brand. Focus includes Active Tread technology and motorsports.
Goodyear Announces Sale of Dunlop Brand to Sumitomo Rubber Industries
The Goodyear Tire & Rubber Company announced that it has signed a definitive agreement to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd.
Goodyear sells Dunlop brand to Sumitomo Rubber Industries for $700M
The Goodyear Tire & Rubber Company announced that it has agreed to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd. (SRI).
Sumitomo Rubber acquires Goodyear’s Dunlop tire brand for $701M
Goodyear sells Dunlop brand to Sumitomo Rubber for $701 million. Details on the strategic deal and financial impact.
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 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 Tire Sells Dunlop Rights to Sumitomo
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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.
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