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Goodyear's sale of Dunlop is seen as a strategic move to ... - MSNGoodyear Tire & Rubber (NASDAQ:GT) jolted the auto supplier sector earlier in the week by announcing the sale of the Dunlop brand to Sumitomo for $701 million in cash. The transaction includes ...
Goodyear and Sumitomo have a significant history together when it comes to the Dunlop brand. In 1999, Goodyear acquired 10% of SRI, creating a nearly $16 billion joint venture that gave Goodyear ...
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Goodyear Plans to Sell Dunlop Brand for About $700 Million - MSNGoodyear said Sumitomo Rubber will pay the U.S. company about $701 million at closing for the transfer of the Dunlop brand across the relevant geographies, certain fees associated with the ...
AKRON — Independent Goodyear tire dealers generally won't miss the Dunlop brand when the tire maker divests the tire line under its recently disclosed "Goodyear Forward" reorganization plan.. Dealers ...
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.
But now under Goodyear's ownership Dunlop has been sucking a lot of wind, selling poorly compared to its competitors and suffering from a dearth of marketing support.
Members of United Steelworkers of America Local 135 at the Goodyear Dunlop Tires North America plant in the Town of Tonawanda have voted on a tentative contract, but the results ...
BRUSSELS — Even as it seeks a buyer for rights to the Dunlop brand in North America and Europe, Goodyear has recast Dunlop in its European portfolio as its "pan-European" value brand, positioned ...
To breathe some new life into a venerable truck tire brand Goodyear Tire & Rubber Co. will market its latest tractor steer tire under the Dunlop name.
This story was updated to add new information. The Goodyear Tire & Rubber Co. is offloading most of its connections with the Dunlop brand, the Akron company announced Tuesday after reaching a deal ...
Goodyear Tire & Rubber GT 1.80 % increase; green up pointing triangle plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries 5110 2.85 % increase; green up pointing triangle for ...
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