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KOBE, Japan — Regaining control of the Dunlop brand in North America and Europe is part of Sumitomo Rubber Industries Ltd.'s strategy to re-establish Dunlop as a "premium tire brand in the global ...
CLEVELAND — The Akron-based Goodyear Tire & Rubber Company announced this week it has "signed a definitive agreement" to sell its Dunlop tire brand to a Japanese corporation for a net cash total ...
Goodyear sells Dunlop brand to Sumitomo Rubber for $701M, retaining rights to motorcycle tires in Europe. Goodyear to continue producing Dunlop tires in Europe until 2025, using proceeds to reduce ...
Goodyear Tire & Rubber GT1.80%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 about ...
The transaction, valued at approximately $701 million, encompasses the trademarks and certain intellectual property associated with the Dunlop brand for various tire categories.
The Goodyear Tire & Rubber Co. is offloading most of its connections with the Dunlop brand, the Akron company announced Tuesday after reaching a deal for Sumitomo Rubber Industries Ltd. to acquire ...
The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") today announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and ...
Goodyear Tire & Rubber sells Dunlop brand to Sumitomo Rubber Industries for $701M in cash.
Goodyear will receive $526 million for the Dunlop brand and associated intellectual property. Additionally, Sumitomo Rubber Industries will pay a $105 million transition fee to assist in the brand's ...
Goodyear announced on Tuesday that it will sell the Dunlop brand to Sumitomo Rubber Industries Ltd. for an estimated $701 million.
(RTTNews) - Goodyear Tire & Rubber Company (GT) announced that it has agreed to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd. The sale includes trademarks and intangible assets ...