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Goodyear to sell Dunlop brand to Sumitomo Rubber
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.
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,
US tyre maker Goodyear to sell Dunlop brand to Japan's Sumitomo
US tyre company Goodyear will sell its Dunlop brand to Japan's Sumitomo Rubber Industries, the company announced on Tuesday. The $701 million sale includes the Dunlop brand and its trademarks and intellectual property in Europe,
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 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 Tire To Sell Dunlop Brand To Sumitomo Rubber Industries For About $701 Mln
Goodyear Tire & Rubber Company (GT) announced that it has agreed to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd. The
Goodyear sells Dunlop brand to Sumitomo for $701M
Goodyear has signed a long-anticipated agreement to sell the venerable Dunlop tire brand — which has roots back more than 130 years — to Sumitomo Rubber Industries Ltd. (SRI) for approximately $701 million in cash.
Goodyear Announces Sale of Dunlop Brand
Sumitomo Rubber Industries will pay Goodyear approximately $701 million for the transfer of the Dunlop Brand.
Sumitomo Rubber Acquires DUNLOP Trademark Rights from Goodyear
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Goodyear to sell Dunlop brand to Sumitomo Rubber Industries
Goodyear announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets necessary for
TA Type Press
11h
SRI: ‘premium, global’ Dunlop to complement ‘bold’ Falken in ‘dual-brand’ strategy
Following its acquisition of Dunlop from Goodyear, Sumitomo Rubber Industries (SRI) has detailed how it plans to deploy a new ...
17h
Wall Street Breakfast Podcast: Shell Lowers Q4 Outlook, Trims LNG Output
Shell cuts production forecast for LNG, warns weaker Q4. Goodyear to sell Dunlop brand to Sumitomo Rubber in $701M deal.
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