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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.
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 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.
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,
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.
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,
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 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.
7h
Sumitomo Rubber acquires Dunlop rights for US, Europe, Oceania
Japanese tire maker Sumitomo Rubber Industries has acquired the Dunlop trademark rights for the US, Europe and Oceania. The ...
Clarksville Now
2d
Dunlop Lane homicide: Mother of alleged shooter brings him back to scene, hands over gun
The fatal shooting on Dunlop Lane near Clarksville last week unfolded during an argument between two cousins, according to an ...
2d
Tom Dunlop
Tom Dunlop is co-founder and CEO of Summize, a CLM solution, and a former General Counsel for high-growth technology ...
1d
Karen Yolevski joins Carson Dunlop as Chief Executive Officer
CNW/ - Carson Dunlop , a leader in home inspection and property assessment solutions, is thrilled to announce the appointment ...
1d
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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