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Goodyear to sell Dunlop brand to Sumitomo Rubber
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 to sell Dunlop brand to Sumitomo Rubber Industries for estimated $701M
Goodyear announced on Tuesday that it will sell the Dunlop brand to Sumitomo Rubber Industries Ltd. for an estimated $701 million.
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.
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 Tire to sell Dunlop brand to Sumitomo Rubber for $701M
Goodyear Tire (GT) announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets
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 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.
Goodyear Tire Sells Dunlop Rights to Sumitomo
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4h
Goodyear reorganizing, moving part of Danville operation
DANVILLE, Va. (WDBJ) - Goodyear has announced it will move part of its Danville tire operation, but has not released ...
1d
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 ...
2d
Bullish Goodyear Tire & Rubber Insiders Loaded Up On US$1.55m Of Stock
In the last year, multiple insiders have substantially increased their holdings of The Goodyear Tire & Rubber Company stock, ...
TopSpeed
6h
Goodyear's Smart Tire Aims For Bad-Weather Traction
Introduced in 2021, it also covers other intelligent tire tech, like treadwear detection and notification, road friction ...
18h
Analysts Offer Insights on Consumer Cyclical Companies: GoodYear Tire (GT) and Meritage (MTH)
Analysts fell to the sidelines weighing in on GoodYear Tire (GT – Research Report) and Meritage (MTH – Research Report) with neutral ratings, ...
The Goshen News
3h
Goodyear Cotton Bowl Tire Art Helmets Photoshoot
IMAGE DISTRIBUTED FOR GOODYEAR - Goodyear commissioned a larger-than-life tire sculpture of Ohio State's team helmet to ...
3d
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 ...
Tire Business
1d
Goodyear, TNO innovate automatic emergency braking
AKRON –
Goodyear
and Dutch research firm TNO have developed a new automatic emergency braking system that could make ...
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